VinaCapital conference lists attractions Vietnam has for investors
Vietnam continues to be a very attractive destination for investment despite, or perhaps because of, everything that is happening in the world, experts from investment management firm VinaCapital have said.
A press conference introduces the virtual conferences organised by VinaCapital. (Photo: VNA)
HCMCity (VNS/VNA) — Vietnam continuesܫ to be a ꧃very attractivedestination for investment despite, or perhaps because of, everything that ishappening in the world, experts from investment management firm VinaCapitalhave said.
Vietbnam had taken timely andeffective measures to control the COVID-19 outbreak, they said, adding that thanksto that, its GDP had seen growth in 2020 and the economy was stable. In the long term they expectedmore investors will come when companies continue to move out of other markets. COVID-19 had clearly shown howsustainable Vietnam was and foreign investors would soon return to the country,VinaCapital said. Vietnam is an ideal destinationthanks to competitive labour cost and good location near Asian supply chains,according to the firm. Don Lam, co-founder andCEO of the company, said: “The Government’s adept management ofthe outbreak has positioned Vietnam to recover quickly and in fact the countryis predicted to be one of the few to post positive economic growth in 2020.” In order to bring foreigninvestors information about the Vietnamese market, VinaCapital has organisedvirtual conferences including a series of presentations over four weeks. Lam said: “For investors, thereis nothing like being on the ground in Vietnam and seeing with their own eyesthe growth and progress that is happening here. Unfortunately, that’s just notpossible this year, so we did the next best thing and give them a view of whatis happening here via a virtual conference featuring our fund manager and otherkey executives. “We provided viewers withoverviews of where we think the economy is headed … as well as a look at someother areas we have been focusing on such as renewable energy.” Founded in 2003,VinaCapital is headquartered in Vietnam with a diverse portfolio of over 3billion USD in assets under management./.
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A press conference introduces the virtual conferences organised by VinaCapital. (Photo: VNA) 
