• Admin

Vietnam: From a government-led economy to a liberalized economy


The Vietnamese government has tried to move from the Vietnamese economy from a government-led economy to a liberalized economy for quite a few time now. There have already been many successes but the journey is not over yet. The year 2018 should see Vietnam adding many additional stock listing by previously state-owned companies. The "new driving force of Vietnam is the acknowledgment that the state will not mobilize or distribute or regulate resources, but direct [companies] via policies," Nguyen Duy Hung, chairman and chief executive of Saigon Securities, said on November the 15th in Hanoi. The Vietnamese government is looking to "promote a better environment for both local and foreign investors," Hung said. This initial public offering process has started for quite sometimes but we expect the process to accelerate next year. This will offer new opportunities for Vietnamese investors.


Disclaimer:

 

This website shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities, in any country or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such country or other jurisdiction. Please also note that the value of your investments can both rise and fall over time and that you should not assume that past performance will repeat itself. You may receive less than you originally invested. Anh Thomas Investment also declines any responsibility in respect of the tax treatment of your investments.

 

Copyright © 2020

Anh Thomas Investment & Management Consulting Co., Ltd

Invest in Vietnam

All rights reserved

  • Facebook - Black Circle
  • LinkedIn - Black Circle