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Thursday, September 30, 2010

SOME WAYS TO INVEST IN VIETNAM

PART ONE - Foreign companies engaged in Vietnam.

Political stability and modernisation, as well as favorable demographics, geography and growth fundamentals, make Vietnam one of the most dynamic economies in the entire World. It has been growing at an average rate of about 7% during the past decade. Vietnam has been included into so-called CIVETS economies (Colombia, Indonesia, Vietnam, Egypt, Turkey and South Africa) another group of emerging economies that are following dynamic growth and development of the BRIC economies ( Brazil, Russia, India and China).

Population of 87 million people is very young. Vietnam offers a low-cost but hard-working and highly ambitious, 50 milion nuemrous labor force. The middle class is growing strongly. The country joined the WTO in 2007. Althought there are problems like 9% high inflation, trade deficits, government budget deficit and a recent devaluation of the national currency, Vietnam economy is set for growth.

Numbered problems and bright perspectives present clear opportunity to invest in Vietnam. Unfortunately, it is not so simple. This serie of articles dedicates to find and name some of them starting with some foreign companies engaged in Vietnam and listed in NYSE, NASDAQ and LSE.

Numerous foreign manufacturing companies (tech firms especially) are strongly investing into the contry's economy. Step by step, Vietnam is transforming into an export powerhouse although the process is not far from the very beginning. The country counts with huge oil and gas deposits. Tourism revenue is surging. Infrastructure is improving. The growing middle class spend more and more money.


* Tech companies:

INTEL CORP. (NasdaqGS: INTC)

http://www.intel.com

OLYMPUS CORPORATION (OTC: OCPNF.PK)

http://www.olympus-global.com/en/

CANON INC. (NYSE: CAJ)

http://www.canon.com

BROTHER (OTC: BRTHY.PK)

http://www.brother.com/index.htm


* Oil & gas companies:

TALISMAN ENERGY (NYSE: TLM)

http://www.talisman-energy.com

PREMIER OIL PLC (LSE: PMO.L, OTC: PMOIY)

www.premier-oil.com


* Telecom:

JSC VIMPEL-COMUNICATIONS (NYSE: VIP)

http://www.vimpelcom.com


* Real estate business:

CAPITALLAND LTD. (OTC: CLLDY.PK)

http://www.capitaland.com


1 comment:

  1. I strongly agree with the above information. Vietnam is becoming attractive to foreign investors.
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