Việt Nam waits for UK investment wave

Created 25 May 2018
  • PDF
Editor Choice
Share
(0 votes, average 0 out of 5)

Numerous favorable conditions have come together to make Việt Nam an attractive investment destination in the ASEAN, Asia and the world.

 

In terms of opportunities awaiting investors, UK businesses can fully participate in infrastructure investments through the public-private-partnership (PPP) model or indirect investments through merger and acquisition (M&A) activities. — Photo baodautu.vn

HÀ NỘI — Numerous favorable conditions have come together to make Việt Nam an attractive investment destination in the ASEAN, Asia and the world.

Its strategic geographic location, the free trade agreements it has entered into and improvements in the investment environment all make Việt Nam a prime target for a new wave of investments from the United Kingdom, Minister of Planning and Investment Nguyễn Chí Dũng said at a meeting with the British Business Group Vietnam (BBGV) and the British Accreditation Council (BAC) on Thursday.

Investments in infrastructure and human resources training also contribute to Việt Nam’s attractiveness, he said.

At the meeting, Dũng highly appreciated the potential and capacity of UK businesses and expressed a desire to promote investment cooperation with British investors.

In terms of opportunities awaiting investors, UK businesses can fully participate in infrastructure investments through the public-private-partnership (PPP) model or indirect investments through merger and acquisition (M&A) activities, especially in the context of equitisation and divestment of State-owned enterprises, as they have strengths in infrastructure development, banking and finance, and management technology in many areas, the minister added.

He expressed hope that UK investors will not miss this opportunity, especially with the anticipated passing by the National Assembly of the Law on Special Administrative-Economic Zones, which is the basis for the establishment of three special zones featuring many institutions and preferential policies by the end of this year.

Businesses and financial institutions from the UK can participate as major investors or strategic investors in these special administrative-economic zones, Dũng said, adding that potential investors can take advantage of this new game with very competitive rules to join with the Government of Việt Nam in creating and organising the playground in these special zones. — VNS

 

Source: VNN

Maybe You Also Interesting :

» Vu defeats Spanish player in World Cup 2018

VietNamNet Bridge – Vietnam’s billiard star Duong Anh Vu beat Spanish player Daniel Sanchez 40-35 in the first qualifying round of Three-Cushion World Cup...

» CPTPP could create 27,000 jobs in Vietnam each year

Joining the CPTPP will help create 17,000-27,000 jobs each year for Vietnamese workers from 2020, Director of the Institute of Labour Science and Social...

» Russian Prime Minister active in Vietnam

After the welcome ceremony, Russian Prime Minister Dmitry Medvedev and Prime Minister Nguyen Xuan Phuc laid a wreath at Monument to Heroic Martyrs in Hanoi,...

Popular News Categories:

- Asia & Asean  |  EU & Russia  |  America

- Facts  |  Urban  |  Faculty  |  Environment

- Business  |  Finance  |  Market Health

- Destination  |  Cuisine  |  Arts Music

- Cinema  |  Soccer  |  Sports  |  IT & Internet