A corner of Hanoi (Photo: VNA)Addressing the event, Ambassador NguyenHoang Long affirmed the Vietnamese Government’s determination to renovate and openits economy and speed up the privatisation of state-owned enterprises.
With the goal of achieving a per capita income of 4,500 USDby 2025 and 7,500-8,000 USD by 2030, Vietnam will need to post economic growthof 6.5-7 percent per year, Long said, adding that this is a big challenge,especially in the context of the crisis caused by the COVID-19 pandemic.
According to him, Vietnam's transition to a high-qualityeconomic growth model, and its selective attraction of investment to hightechnology and "green" growth is a good opportunity for British investorsin particular and foreign ones in general.
Dragon Capital Chairman Dominic Scriven said that Vietnam’sadvantages to attract foreign investment include good human resources, laws andpolicies favourable to foreign investment, a highly reliable investmentenvironment and stable growth since Vietnam began implementing the Doi Moi(Renewal) 35 years ago.
He pointed out that the Vietnamese government has reasonablesupport packages to help people in localities ease difficulties caused by thepandemic, emphasising that this will directly support the resilience of theeconomy after the pandemic.
Founded in Vietnam in 1994 with a total investment of 16million USD, Dragon Capital is currently the oldest independent asset managerin the country with assets totaling 2.9 billion USD (as of December 31, 2019)./.
VNA
