Vietnam Prime Minister Nguyen Tan Dzung Interviewed by Bloomberg News (USA)

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On May 30th 2014, Prime Minister Nguyen Tan Dzung had an interview with Bloomberg News (USA) on Vietnam social and economy in the first 05 months of 2014.

According to him, Vietnam economy in 2013 grew by more than 5.4%. The situation of first 05 months in 2014 has been developing positively in accordance with its set target. Macro economy is stable; inflation is under control; and foreign-exchange reserves are rising. Moreover, exports surged about 16% of GDP and in 2014 it is expected to increase by 5.8%.

To the question relating to the opening of financial markets in Vietnam and whether the government considers increasing the foreigners’ ownership in Vietnam enterprises, which is currently capped at 49%, Prime Minister Nguyen Tan Dzung responded: “Vietnam will continue to open markets, including financial markets, in accordance with the roadmap suitable for the requirements of international integration and the specific conditions of the Vietnam economy.

In our opinion, Vietnam will slowly consider all measures that attract further investments in Vietnam. We will be expecting more M&A deals in Vietnam to come.

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