Vietnam Remains Attractive to Foreign Investors: KPMG
Vietnam remains an attractive destination for foreign direct investment (FDI) despite the global economic turmoil, said the international consulting group KPMG in a just-released statement.
KPMG experts said meanwhile foreign investors tend to lower their investment in emerging markets, Vietnam still show attractive opportunities.
Sectors luring foreigners’ great attention are consumer goods, media and entertainment, telecoms, financial services, infrastructure and real estate, they added.
The statement said that the country boasts lots of investment opportunities for the medium to long term investors.
Truc Ba Ha, M&A Advisory Services at KPMG in Vietnam, says that Vietnam is expected to receive US$20 billion of FDI this year compared with US$64 billion pledged for 2008.
He, however, noted that this year FDI disbursement is expected to be approximately US$11 billion. (Vietnam Economic Times)
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