These neighbouring markets of Vietnam have a quite rapid growth rate compared with other regional countries thanks to the plentiful reserve of natural resources and high potential of tourism and services.
According to World Bank, the income per capita of Laos and Cambodia stays at $706 and $805 per person per year, lower 35-40% than that of Vietnam, reflecting the low living standard and cost of people.
Furthermore, HAG will invest $200 million to build a complex of hotel, trade centre and apartments in Myanmar.
For Vietnamese banks, investing in two neighboring nations is the first step to head off opportunities to boost traditional banking services as well as interbank, foreign currencies.
Viettel, pioneered in providing mobile telecommunication services in Laos and Cambodia whereby the entry of MBB in two countries took place smoothly...
http://www.vietbiz24.com/Articles/1011/25798/investment/vietnamese-firms-plan-to-boost-outbound-investment.aspx
According to World Bank, the income per capita of Laos and Cambodia stays at $706 and $805 per person per year, lower 35-40% than that of Vietnam, reflecting the low living standard and cost of people.
Furthermore, HAG will invest $200 million to build a complex of hotel, trade centre and apartments in Myanmar.
For Vietnamese banks, investing in two neighboring nations is the first step to head off opportunities to boost traditional banking services as well as interbank, foreign currencies.
Viettel, pioneered in providing mobile telecommunication services in Laos and Cambodia whereby the entry of MBB in two countries took place smoothly...
http://www.vietbiz24.com/Articles/1011/25798/investment/vietnamese-firms-plan-to-boost-outbound-investment.aspx
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