EU Investment in Vietnam Will Grow: EuroCham Leader

EU Investment in Vietnam Will Grow: EuroCham Leader

Investment from the European Union into Vietnam will increase dramatically in the next two years, said the vice-chairman of the European Chamber of Commerce (EuroCham) in Vietnam Wednesday.

Vietnam has strived to improve its investment environment as the country works to join the World Trade Organization, remarked lawyer Milton Lawson in a seminar on EU-Vietnam relations.

According to him, foreign investors have seen many “positive changes,” including the drafting of the general investment bill and general enterprise bill, which both create more opportunities for investors in the local market.

Vietnam’s service and hi-tech sectors draw the most interest from European investors, Mr. Lawson said.

The EU has so far invested $7 billion in Vietnam, accounting for 15% of the total foreign investment capital Vietnam has attracted.

Thanhniennews.com