Vietnam expects stronger foreign investment flow in CPTPP period - News Summed Up

Vietnam expects stronger foreign investment flow in CPTPP period


Vietnam expects stronger foreign investment flow in CPTPP periodVietNamNet Bridge - Economists are optimistic about foreign investment in Vietnam, both foreign direct investment (FDI) and foreign portfolio investment (FPI), in 2018 and upcoming years. With CPTPP, Vietnam will have more opportunities to export farm produceCan Van Luc, a finance expert, said that CPTPP will have a big impact on three business sectors in Vietnam, including trade, service and investment. Japan, Australia and New Zealand have recently boosted investment in Vietnam, which is expected to increase in the time to come, especially from Australia and New Zealand. Regarding FPI, Luc said the stock market witnessed strong foreign cash flow in 2017 with foreign investors’ net purchases reaching $1.7 billion in the year. I think the foreign investors’ net purchases will be $2.5-3 billion this year after reaching $1.7 billion last year,” Luc said.


Source: VietNamNet News March 19, 2018 09:11 UTC



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