This year’s event witnessed the largest number of investors since the first conference held in 2005.

The annual event is part of efforts to introduce attractive investment opportunities in Vietnam to international investors. It offers a venue for participants to inquire about perspectives and viewpoints from various experts about Vietnam’s investment attraction policies.

At the Investor Conference 2023.

According to Don Lam, CEO and Founding Partner of VinaCapital Group, almost all of the investors attending the conference were from the North Asian region, such as the Republic of Korea, and Japan, which represent conglomerates and investment funds managing approximately 1 trillion USD in capital.

The increase in the number of attendees this year demonstrates that Vietnam is becoming a more attractive investment destination than ever, he said, adding that this is a chance for VinaCapital experts to share deeper insights into attractive investment opportunities in the Vietnamese market.

Based on preliminary surveys, foreign investors are particularly interested in green transformation and the potential of the consumption sector in Vietnam, especially in the semiconductor and chip industry, Lam said, noting that this presents an opportunity for Vietnam to attract more medium and long-term capital inflows, thus contributing to sustainable economic growth in the future.

In addition to investment funds, VinaCapital Group is also focusing on sustainable development goals and green transformation, thus strengthening a solid foundation to promote strong and comprehensive economic growth, he went on.

Addressing the event, US Ambassador to Vietnam Marc Knapper highlighted the Vietnam – US comprehensive strategic partnership and pointed out economic cooperation opportunities between companies from the two countries.

Andy Ho, Chief Investment Officer of VinaCapital Group, said US President Joe Biden’s recent visit and the establishment of a comprehensive strategic partnership between the two nations is expected to have a significant and long-term impact on Vietnam’s economy.

The US is expected to increase its foreign direct investment (FDI) in Vietnam as a result of these developments, he said.

Bac Giang province always welcomes and facilitates Korean investors

(BGO) – Within the programe “Meet Korea” held in Bac Ninh city (Bac Ninh province) on May 18, Vice Chairman of Bac Giang provincial People’s Committee (PPC) Phan The Tuan met some businesses from Republic of Korea (RoK).  RoK Minister Counsellor Yoon Sang Key (Finance and Economy) RoK Embassy and 7 enterprises registered to connect to Bac Giang.

Vietnam urged to better facilitate Korean investors

Vietnam should make changes to its legal system, speed up administrative reforms, and cut off sub-licences to better facilitate Korean investors, said Hong Sun, Chairman of the Korea Chamber of Business in Vietnam.

Japanese investors highly appreciate Vietnamese property market

Representatives from around 180 Japanese businesses and investors on April 1 attended a Tokyo workshop on Vietnamese real estate, during which many of them highly appreciated the potential of Vietnam’s property market.

FDI set to bounce back thanks to investors’ growing confidence

Despite some reductions in attraction of foreign direct investment in the first quarter of this year, Vietnam is expected to see a rebound in this kind of capital for the whole year, with investors’ confidence into the economy continuing to rise.

Minister hopes US becomes biggest investor in Vietnam

Minister of Planning and Investment Nguyen Chi Dung has voiced his hope that US enterprises will become the biggest investor in Vietnam to seize every cooperation opportunity in the countries’ development process on the basis of equality, mutual respect, and mutual benefits.

Source: VnExpress