Vietnam Global Investment Forum opens in Hanoi
(VOV) - The Vietnam Global Investment Forum opened in Hanoi on September 30, focusing on economic prospects, FDI trends and state-owned enterprise (SOE) equitisation.
The forum attracted 600 delegates representing government officials, business leaders, foreign direct investors, fund managers, industry experts, economists and bankers from many countries in the world.
High on the agenda are Vietnam's economic recovery and outlook for 2016, free trade agreements (FTAs), regional and international integration, banking sector reform and non-performing loans (NPLs), infrastructure and energy development, state-owned enterprise (SOE) equitisation, foreign ownership limits and strategic investments, FDI trends and investment in agriculture.
The event co-organised by Euromoney and the Ministry of Planning and Investment took place in the context of Vietnam quickly becoming a fastest growing economy in Asia and the government paying great effort to diversify the economy and speed up the global integration process.
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According to participants, FDI is strongly poured into Vietnam to take full use of new - generation FTAs such as Trans-Pacific Partnership (TPP) and EU-Vietnam FTA (EVFTA).
Addressing the opening ceremony, Tony Shale, Euromoney CEO, Asia, said that Vietnam has emerged as an attractive market in Asia. The country obtained an impressive economic growth of 6.28% in the first half of this year.
Meanwhile, minister of Planning and Investment Bui Quang Vinh said Vietnam’s plan to equitise hundreds of SOEs and to raise foreign ownership has lured great attention from global investors.
Vietnam has gradually implemented its socio-economic development plan while creating an open, transparent and attractive investment environment for foreign investors, he stressed.