Addressing the event, Minister Dung said that the UK is an important partner of Vietnam, while Vietnam is also a major economic partner of the UK in Southeast Asia.

At the event.

Vietnam has seen strong economic growth and stable political situation, he said, adding that the country has reformed its economy, equitised State-owned enterprises and developed the securities market. He added that the Vietnamese Government has completed mechanisms and policies to promote the reform of the State-owned sector, thus ensuring an open and transparent market.

William Russell, Alderman for the Ward of Bread Street in the City of London, said that in 2020, he will lead a Fintech delegation to visit Vietnam.

Meanwhile, UK Ambassador to Vietnam Gareth Ward said that in the first seven months of this year, the visits of Vietnamese Minister of Education and Training Phung Xuan Nha and Finance Minister Dung to the UK are good signals for the strong cooperation between the two countries in the future.

Foreign investors at the event showed their interest in many sectors in Vietnam, including the capital market, secondary market, insurance, climate change response, sustainable development and education.

CEO of Prudential Vietnam Clive Baker said that Vietnam is a promising market, noting that the insurance market in Vietnam has expanded 25 percent per year, with abundant development spaces.

President of the Dragon Capital Vietnam Dominic Scriven showed his optimism about Vietnam’s indirect investment market and held that the financial market of Vietnam is very attractive, adding that Vietnam is on good track in developing the capital market.

Vietnam is not a market for short-term investment, but for middle- and long-term investors, he stated.

Minister Dung said that Vietnam has great financial demand in all fields such as capital market development, securities market, insurance, infrastructure development, and State-owned enterprises restructuring.

The London financial market has maintained high growth with strong capacity of capital mobilisation, which is suitable to Vietnam’s demand, he said.

Chairman of the State Securities Commission Tran Van Dung expressed his hope that after the event, the indirect investment from the UK in Vietnam will rise, prompting the development of the domestic securities market.

German firms intend to expand investment in Vietnam

Fifty-five percent of German businesses, when asked, have said they want to increase investment capital in Vietnam, higher than the rate for Southeast Asia (44 percent), according to a survey conducted by the German Industry and Commerce Vietnam (GIC) in April.

Vietnam facilitates Korean investments

The Vietnamese Government will work to remove bottlenecks and create the best conditions for enterprises from the Republic of Korea to operate in Vietnam, Deputy Prime Minister Vuong Dinh Hue stressed on June 19.

Bac Giang: 86 investment projects licensed and adjusted in first 6 months

(BGO) – As of June 17, 2019, Bac Giang province licensed and adjusted 86 investment projects, accounting for 72 percent with total capital of 542 milion USD, up 73.8 percent comparing to the same period last year.

Philippine company eyes investment in Vietnam’s tea industry

JG Summit Holdings, Inc., one of the biggest Filipino investors in Vietnam, hopes to invest in sustainably developing tea business in the country, particularly via the participation in public-private-partnership projects.

Korean start-ups seek investment opportunities in Vietnam

An event was held in Ho Chi Minh City on June 3 to help start-ups from the Republic of Korea (RoK) to seek investment opportunities in Vietnam.

Source: VNA