Chinese capital keeps heading for VietnamVietNamNet Bridge - Cash flow worth billions of dollars from China in manufacturing, finance, infrastructure, real estate and e-commerce is flowing to Vietnam. Chinese capital keep heading for VietnamA part of the capital comes from Chinese businesses which plan to expand markets, while another comes as the result of the Chinese government’s new policies. Vietnam has been warned by international experts that it may become the landfill for outdated Chinese technologies. The Vietnamese government’s policy allowing foreigners to own houses in Vietnam, plus the high profitability in a market with young population and increasingly high income also attract Chinese investors. Vietnam has been witnessing many investment deals made by investors from China and Hong Kong, which Chinese investors consider as the intermediary channel for them to pour capital into other countries.


Source:   VietNamNet News
February 07, 2018 03:11 UTC