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British business group eyes Vietnamese market

Vietnam is an attractive destination for investment and that the country is ripe for British trade and investment was a judgement made in a conference held by the London Chamber of Commerce and Industry for British firms on 4 September.

According to Douglas Barnes, Consul General in HCM City and Director for UK Trade and Investment (UKTI), for three years running, British firms have ranked Vietnam as the top destination outside of the BRICs in which they would like to invest and that the country has potential for long-term growth. One of the UK's 17 high growth markets, Vietnam is estimated to be the fastest-growing economy in the world to 2050.

Vietnam has market opportunities in the areas of ICT services and R&D; retail; construction/mining; manufacturing; energy; outsourcing; digital and media; financial services; education; and tourism & leisure, said Paul Smith, Executive chairman of Harvey Nash, report Viet Nam News