Vietnam has no shortage of the fundamentals needed to become an attractive investment destination, said Vinnie Lauria, Founding Partner of Golden Gate Ventures.
The Thai government aims to attract more investments in five core “future industries” by improving the ease of doing business through amended laws and regulations, according to Jirayu Houngsub, spokesman for Prime Minister Paetongtarn Shinawatra’s Office.
The Ministry of Industry and Trade (MoIT) has proposed two state-owned energy corporations or military-run units be selected to develop offshore wind power projects, given their available resources and considerable experience in the management and operation of power plants and transmission system, as well as national security issues.
Vietnam has seen positive signs in attracting foreign direct investment (FDI) in the remaining months of 2018 as a number of international investors are seeking to expand their businesses in the southern key economic zone.
Vietnam’s retail market is promising, but local businesses must strengthen operations in order to compete with international investors right in the home market.