Dr. Oliver Massmann, General Director of Duane Morris Vietnam LLC, told The Hanoi Times about his views on expectations of foreign companies investing in the long term in Vietnam as the country reopens the economy.
Vietnam remains an attractive destination for foreign direct investment and continues to benefit from a changing global supply chain, US-China trade tensions, and production disruptions in other regions.
Vietnam continues to remain an attractive investment destination in the long term.
In Quarter 2, the supply of serviced apartments in the city increases by 20% against the same period of last year.
The low-interest-rate environment remains the key driving force for the stock market.
The vaccination drive is to help manufacturing and tourism industries to resume operations, contributing to Vietnam’s economic growth.
Vietnam is a standout economy in Southeast Asia in terms of being able to capture new supply chains moving near, stated an expert.
The mid-term outlook of the market remains bright, but in short-term, investors may face certain risks.
As the benchmark Vn-Index is on track to reach the new height of 1,300 points in short-term, domestic capital inflows would serve as a major driver for growth.
Strong involvement of individual investors and participation of new foreign fund would help offset the net selling trend of foreign investors.