Bridge connecting investment opportunities in Vietnam for FDI Enterprises

Thạch Lam |

On August 22, 2024, in Ho Chi Minh City, the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) coordinated with the Thai Chamber of Commerce in Vietnam (ThaiCham) to organize the Workshop "Vietnam's Economic Context and Stock Market Trends" with the participation of more than 90 delegates, representing FDI enterprises from Thailand, Singapore, the US, India, etc.

The workshop provided a useful forum for FDI enterprises to better understand the context and prospects of Vietnam's economy, as well as grasp the latest trends of the Stock Market in Vietnam.

In recent years, Vietnam has always been an attractive destination for FDI investors due to its preferential policies, competitive labor costs, stable politics, developed infrastructure with many new industrial zones, market size and participation in many FTAs.

In particular, Thailand is always in the list of 10 leading countries in terms of FDI investors with total registered investment capital up to July 22, 2024 reaching 14.2 billion USD with 750 projects.

Thai enterprises have made important contributions to the development of many industries in Vietnam, especially fast-moving consumer goods, real estate and industry such as big names SCG Vietnam, Thai Beverage, C.P Group, WHA, Central Retail, etc.

In the first 7 months of 2024, the world economy has recovered slightly, some economies have higher growth rates than forecast, inflation is under control, basic commodity prices are stable, interest rates are gradually decreasing, international trade and investment are recovering... bringing many positive hopes for economic growth in 2024-2025 at the same level as in 2023.

However, the economic situation in 2024-2025 still poses many challenges for the world in general and Vietnam in particular, due to the impacts of global politics, high inflation, food security - energy security along with unusual climate change...

FDI enterprises investing in Vietnam need more multi-dimensional information to consider in order to make decisions, orientations, and strategies to overcome the current difficult and challenging period. The workshop jointly organized by BIDV and ThaiCham has met that urgent need.

At the workshop, leading economic experts shared in-depth analysis of Vietnam's macroeconomic situation, the opportunities and challenges facing FDI enterprises, and the prospects and development of Vietnam's stock market.

In particular, the speakers provided information on economics, trade, investment, policies and forecasts on the potential of Vietnam's economy in 2024 and the following years. As one of the main speakers, Dr. Can Van Luc - Chief Economist of BIDV provided a lot of useful information and comments on the economic, trade and investment situation along with forecasts and comments on trends in the coming time.

In addition, Ms. Dang Nguyet Minh - Head of Research Department of Dragon Capital, shared about investment trends and the development of the Vietnamese stock market in the coming time.

The workshop attracted the attention of FDI enterprises and raised many specific questions: factors affecting the stock market, recent changes in regulations, the integration of ESG factors affecting market trends, the impact of the new US presidential term on the world economy and Vietnam, etc.

As leading experts in the field of macroeconomics and finance, Dr. Can Van Luc and Ms. Dang Nguyet Minh provided in-depth analysis, providing FDI enterprises with a comprehensive view of Vietnam's economic situation and new investment opportunities.

The practical and in-depth sharing from BIDV experts has received high appreciation from ThaiCham members and the FDI business community. This valuable information not only helps investors better understand the Vietnamese market but also facilitates making wise investment decisions.

In particular, businesses have the opportunity to receive comprehensive support during their business operations in Vietnam through promoting cooperation with BIDV, including event focal branches such as Tay Ho Branch and Transaction Office Branch 2.

With the vision of becoming the leading bank in the region, BIDV has constantly innovated and improved service quality, especially for FDI enterprises.

By proactively coordinating with foreign business associations, regularly organizing forums to exchange information, share experiences and provide advice to thousands of businesses each year, BIDV has become a trusted partner of the international business community.

Being honored three consecutive times by Asian Banking & Finance Magazine with the Award for Best FDI Customer Service Bank in Vietnam in 2022, 2023 and 2024 is a clear testament to BIDV's continuous efforts.

Thạch Lam
TIN LIÊN QUAN

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