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    This Year, The Enthusiasm Of International Funds For Vietnam Is Somewhat Cold.

    2016/4/25 15:56:00 35

    TPPTextilesFootwear Industry

    In February of this year,

    TPP

    (p Pacific Partnership Agreement) negotiations finally concluded, 12 member states signed an agreement, the fastest (2017) year will take effect, will be the largest regional integration economies in the Asia Pacific region.

    Vietnam is one of the 12 member states of TPP. It is not only the first stop for Taiwanese businessmen to enter the ASEAN Association, but also the springboard for Taiwanese businessmen to take advantage of TPP.

    In 2008, Taiwan was once the largest investment area in Vietnam. Until now, Taiwan businessmen is still the fourth largest investment area in Vietnam.

    According to statistics from the investment department of the Ministry of economic affairs, in 2015, the total amount of investment in Vietnam reached 1 billion 220 million US dollars, which was 89.8% higher than that in Taiwan.

    Taiwanese investment in Vietnam is mostly traditional industries, including garments.

    Spin

    Industry,

    footwear industry

    There are many factories in Vietnam, including Baocheng group, Tainan textile, United Group, and Dan Dan enterprise.

    Compared with other ASEAN countries, Taiwanese businessmen have more advantages in Vietnam. For example, they are also deeply influenced by Chinese culture. They also celebrate Mid Autumn Festival, Spring Festival and Dragon Boat Festival. Their diet is closer to Taiwan.

    More importantly, 60% of the population is below the age of 35, and the domestic demand market with nearly one hundred million people. Not only does the products produced by Taiwan funded enterprises export, but also has huge consumption of domestic demand.

    In the investment market, Morgan Pauline Ng, a fund manager of the ASEAN Fund, said that the International Fund's enthusiasm for Vietnam was slightly cold this year. So far, a small net outflow of $110 million has been achieved. However, many foreign investors are quite optimistic about the performance of the Vietnamese stock market this year, and the base period of the Vietnamese stock market is low, and the future market intends to overweight the Vietnamese market. "Ng"


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