Vietnam economy woes temporary, foreign investors say
Thomas Tobin, general director of HSBC Vietnam, said
With the Government increasingly self-motivated about trade liberalization and market reform, he said he strongly believes in the long-term prospects of the Vietnamese economy.
David Wong (R), general director of Vietnam Manulife |
But he believes that in the next three to five years
Ba Dah Wen, general director of property developer Phu My Hung Joint Venture Company, assured that
She said it has been affected because of its increasing integration in the global economy, with Vietnamese companies having to compete with large international players.
The Government and people have stepped up their dialogue on the economy and joined hands to tackle inflation and other problems, she said.
Growth would soon resume and