Asia funds create alliance to help funnel billions into Vietnam

Quick Summary:

The goal is to facilitate $45.73 billion of investment into the country over the next decade.

But many investors tout the country’s potential at a time US-China tensions are prompting businesses to relocate factories and target new markets for growth.

Its goal is to facilitate investment in sectors from agriculture to education and health care, said Mr Vinnie Lauria, a board member for the agency.

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Article Details

Category: EconomyBusiness

Markets: SingaporeChinaVietnam

Topics: Firms Tech Billion Vietnam’s Private Ventures Investment 2023 Capital Vietnam South-east

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-12 @ 12:55:00 (6 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 479 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 22467395

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Main Topics: EconomyBusiness

Official Website: straitstimes.com

Update Frequency: 18 posts per day

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