Dragon Capital chair urges Vietnam to shift from gold hoarding to long-term investing - News Summed Up

Dragon Capital chair urges Vietnam to shift from gold hoarding to long-term investing


Dominic Scriven, chairman at Dragon Capital, in an interview with Tuoi Tre (Youth) newspaper. Scriven expressed hope that foreign capital would return by 2026, citing efforts by the Vietnamese Ministry of Finance and the State Securities Commission to improve the investment environment. On financing mega infrastructure projects such as high-speed rail and metro systems, Scriven warned that Vietnam faces a major capital challenge. He argued that Vietnam must develop capital markets, especially bond and equity markets, to fund large projects. Photo: Huu Hanh / Tuoi TreScriven highlighted cultural barriers to capital market development, noting Vietnamese households prefer gold or real estate and often refer to stock investing as 'playing.'


Source: Tuoitre News February 22, 2026 05:29 UTC



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