emerging-consumer-is-king-in-vietnam

Emerging consumer is king in Vietnam

The emergence of a middle class in Vietnam offers investors plenty of opportunities.
ôThe rapid urbanisation of Vietnam presents tremendous investment opportunities,ö said Tung Kim Nguyen, a partner at Indochina Capital speaking at the Credit Suisse Asian Investment Conference last week. ôUrbanisation is leading to an emerging middle class in Vietnam and I believe Vietnam has the potential to become one of AsiaÆs biggest consumers in the years to come.ö

Despite recent volatility and equity market declines, interest in Vietnam remains keen. ôA year ago, Vietnam was really the darling of foreign investors looking into Asia. Looking around the room, that sentiment doesnÆt seem to have dampened,ö said Lito Camacho, Vice Chairman and Head of Public Policy, Asia Pacific, Credit Suisse, as he introduced the morning panel on...
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