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Japanese enterprises encouraged to invest in financial market in VN

VGP – A conference to promote financial investment in Viet Nam was jointly organized on August 21 by Viet Nam’s Ministry of Finance and Daiwa Corporation of Japan with the attendance of more than 200 Japanese firms.

August 22, 2017 5:00 PM GMT+7

Photo: VNA

Speaking at the event, Minister Dinh Tien Dung said that the Vietnamese Government is accelerating equitization of State-owned enterprises (SOEs). In 2017, 44 SOEs were equitised and the figure will increase to 64 in 2018. The Vietnamese government has also launched the derivatives market with VN30 future contract as the first product. 

Member of the Board of Directors of the Daiwa Securities Group Keiko Tashiro said Daiwa will continue investing in the Saigon Securities Incorporation (SSI) and expects to receive more support. 

Minister Dung expected that large Japanese financial enterprises will indirectly invest in Viet Nam, becoming a strategic investor, bringing capital and high technology to Viet Nam.

At the meeting with Japanese Vice Minister of Finance Imaeda Soichiro on the same day, the two officials also discussed measures to enhance mutual support within APEC and ASEAN 3 financial cooperation frameworks.

By Thuy Dung