Credit Suisse Pledges Long Investment in Vietnam
The Swiss investment bank Credit Suisse pledged long term investment in Vietnam, the bank’s general director Brady W. Dougan said in his ongoing visit to Vietnam from March 27.
During the trip, Dougan met with the representative of the Vietnam Government and Ministry of Finance, and visited the Saigon Securities Incorporation to study and implement some projects in Vietnam.
Vietnam’s capital market has been developing impressively, luring interest from international investors, he said.
Dougan stressed that the favorable investment climate, management mechanism, and open policies are attracting foreign investors to Vietnam, bringing long-term capital flows.
International investors are putting high expectations on investment opportunities in Vietnam.
Dougan said the most important thing regarding the Vietnam stock market is successfully balancing stability and fast growth in the market.
In its projects in Vietnam, Credit Suisse is speeding up consultations for the Bank of Foreign Trade of Vietnam (Vietcombank) and the Bao Viet Insurance Corporation, Dougan said.
In the future, Credit Suisse will continue to be a bridge to bring foreign investors to Vietnam to invest in airlines, telecoms and infrastructure sectors. Meanwhile, the firm will boost ties with domestic partners, he said. (Vietnam Economic Times)
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