Vietnam’s economy sees stable recovery: UK businessman

Vietnam’s macro economy has begun a sustainable recovery period, bringing opportunities on investment and job in the country, said Chief Executive Official of the UK’s Dragon Capital Group Dominic Scriven.

Vietnam’s macro economy has begun a sustainable recovery period, bringing opportunities on investment and job in the country, said Chief Executive Official of the UK’s Dragon Capital Group Dominic Scriven.

During his recent talks with Vietnamese young intellectuals and students working and studying in the UK, the executive stressed that a stable, though not strong, recovery seen in Vietnam’s stock market over the last three years is an important sign of the country’s economic recovery because it reflects the general situation in enterprises.

Vietnam’s economy sees stable recovery: UK businessman

Chief Executive Official of the UK’s Dragon Capital Group Dominic Scriven (Source: VNA)

Dominic Scriven hailed the Vietnamese Government for its effort in accelerating the equitisation plans for State-owned enterprises (SOEs), citing successful cases of Vocarimex (Vietnam Vegetable Oils Industry Corporation) and Vinatex (Vietnam National Textile and Garment Group). He added that the process is going to attract great interest from international business communities.

The business leader said young Vietnamese trained abroad are an asset for Vietnam and the country should try to better use this human resource for promoting development.

The Dragon Capital Group put Vietnam’s growth rate in 2014 at 6 percent, the highest level since 2011. Positive indexes were reported, giving out signals of the economy’s new growth period.

Vietnam’s industrial production saws a strong growth, while the country’s financial reforms and economic restructuring reaped remarkable outcomes./.

VNF/VNA

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