VN firms seek investments from London financial market
Vietnamese Ambassador to the UK Tran Ngoc An and representatives from the Ho Chi Minh Stock Exchange and Vietnamese businesses on March 7 attended the opening session of the London Stock Exchange, one of the largest stock markets in the world.
A conference on financial investment promotion in Vietnamese enterprises was also held in London on March 7. (Source: VNA)
London (VNA) – Vietnamese Ambassador to the UK Tran Ngoc Anand representatives from the Ho Chi Minh Stock Exchange and Vietnamesebusinesses on March 7 attended the opening session of the London StockExchange, one of the largest stock markets in the world.
This was one of the activitiesorganised in the UK on March 7 and 8 to introduce Vietnam’s capital market andopportunities for financial investments in Vietnamese companies.
A conference on financialinvestment promotion in Vietnamese enterprises was also held on March 7, duringwhich the ambassador briefed participants on Vietnam’s economic achievementsand potential.
He stressed that with thedetermination of the Vietnamese Government, 2018 is expected to be a key year forthe equitisation of major domestic enterprises, adding that the number ofequitised firms in the year may make up more than half of those privatisedduring the 2017-2020 period.
To that end, the Government ofVietnam will increase ownership cap of foreign investors, streamline investmentprocedures and strengthen business administration capacity, An said.
Therefore, the diplomat noted,this is a convenient time for investors in London to promote their seeking ofinvestment opportunities in Vietnam.
The participants were introducedto Vietnam’s macro economy and financial investment in the country, as well asthe Vietnamese stock market.
The conference drew investorsfrom big financial groups like JP Morgan, Lazard, Royal Bank of Canada, HSBCand Amundi and representatives from many investment funds in the UK.
Luke Fizia, a representative ofCampbell Munro Investment Management Ltd, said the company is turning towardsemerging markets, including Vietnam, which has posted impressive economicgrowth and boasts a young population, along with substantial potential,especially in the retail sector.-VNA
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A conference on financial investment promotion in Vietnamese enterprises was also held in London on March 7. (Source: VNA) 
