At the event (Source: VNA) Tokyo (VNA) – Vietnam’sFinance Ministry and Daiwa Corporation of Japan co-hosted a conference in Tokyoon August 21 to promote financial investment in Vietnam with the attendance of morethan 200 Japanese firms.
Speaking at the event, VietnameseFinance Minister Dinh Tien Dung said there remains huge room for bilateralcooperation in the financial market, adding that Vietnam’s economy has recordedan annual average growth rate of 6 percent over the past three decades.
The country’s gross domesticproduct (GDP) expanded by an estimated 5.73 percent in the first half of 2017 whileits Purchasing Managers’ Index (PMI) announced by the Nikkei has reached a highlevel in the past 22 months and the highest figure in ASEAN, he said.
The minister told participantsthat the Vietnamese government defined developing human resources, improvingmarket economy institutions and developing infrastructure as three breakthroughareas so the country’s demand for capital is huge, especially investment sourcesaccompanied with expertise and development experiences.
About the equitisation of State-ownedenterprises (SOEs), Dung said 44 SOEs were equitised this year and the figure willincrease to 64 in 2018. The Vietnamese government has also launched the derivativesmarket with VN30 future contract as the first product.
Dung expressed his hope thatmajor Japanese financial corporations would invest indirectly in Vietnam,become strategic investors and bring capital and technologies to the country.
In an interview granted to the VietnamNews Agency (VNA)’s reporters in Tokyo, member of the Board of Directors of theDaiwa Securities Group Keiko Tashiro said Daiwa will continue investing in the SaigonSecurities Incorporation (SSI) and expects to receive more support.
Meeting Japanese Vice Minister ofFinance Imaeda Soichiro the same day, Dung lauded Japan’s active role indeveloping infrastructure in Vietnam through official development assistance (ODA)capital over the past years.
The two officials also discussedmeasures to enhance mutual support within APEC and ASEAN 3 financialcooperation frameworks.-VNA
Speaking at the event, VietnameseFinance Minister Dinh Tien Dung said there remains huge room for bilateralcooperation in the financial market, adding that Vietnam’s economy has recordedan annual average growth rate of 6 percent over the past three decades.
The country’s gross domesticproduct (GDP) expanded by an estimated 5.73 percent in the first half of 2017 whileits Purchasing Managers’ Index (PMI) announced by the Nikkei has reached a highlevel in the past 22 months and the highest figure in ASEAN, he said.
The minister told participantsthat the Vietnamese government defined developing human resources, improvingmarket economy institutions and developing infrastructure as three breakthroughareas so the country’s demand for capital is huge, especially investment sourcesaccompanied with expertise and development experiences.
About the equitisation of State-ownedenterprises (SOEs), Dung said 44 SOEs were equitised this year and the figure willincrease to 64 in 2018. The Vietnamese government has also launched the derivativesmarket with VN30 future contract as the first product.
Dung expressed his hope thatmajor Japanese financial corporations would invest indirectly in Vietnam,become strategic investors and bring capital and technologies to the country.
In an interview granted to the VietnamNews Agency (VNA)’s reporters in Tokyo, member of the Board of Directors of theDaiwa Securities Group Keiko Tashiro said Daiwa will continue investing in the SaigonSecurities Incorporation (SSI) and expects to receive more support.
Meeting Japanese Vice Minister ofFinance Imaeda Soichiro the same day, Dung lauded Japan’s active role indeveloping infrastructure in Vietnam through official development assistance (ODA)capital over the past years.
The two officials also discussedmeasures to enhance mutual support within APEC and ASEAN 3 financialcooperation frameworks.-VNA
VNA
