Vietnam continues to grow fast in 2023: British banking advisor

Vietnam will continue to be one of the fastest growing mid-range economies with an economic expansion of around 6% in 2023, according to Andrew Huntley, Senior Managing Director at BDA Partners, a London-based investment banking advisor for Asia.
Vietnam continues to grow fast in 2023: British expert
Andrew Huntley, Senior Managing Director at BDA Partners. (Photo: VNA)

According to Huntley, many investors also see Vietnam as an attractive market.

In the M&A area, many financial businesses and investors see Vietnam in the Southeast Asian region as a good chance for them. In order to continue promoting growth, Huntley recommended that the Vietnamese Government focus on tackling the ineffectiveness of the central and local administrations to ensure all investment programmes and projects receive suitable support.

At the same time, the country should increase programmes to introduce its strengths to the international community, not limiting to areas of agriculture and tourism but also in the fields needing sustainable investment such as environment, climate change response, the use of farming land, and the impacts of climate change on rivers and forests.

Huntley is one of the three CEOs and co-founder of BDA Partners. Currently, he is in charge of life sciences and global healthcare with his office based in Ho Chi Minh City.

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(Source: VNA)