02/04/2015 09:34 GMT+7 Email Print Like 0

Workshop highlights investment opportunities in ASEAN

Singapore, April 1 (VNA) – The Singapore-based Maybank Kim Eng held a workshop in the country on March 31-April 1 to highlight business opportunities in ASEAN in 2015 and onwards.

Experts said the integration opportunities remain open for all ASEAN businesses given the ASEAN Economic Community (AEC) will be established by late 2015.

Steven Chan, regional head of the banking and financial research at Maybank Kim Eng Securities Hong Kong, told Vietnam News Agency correspondents that the AEC will bring huge benefits for Vietnam with its targets of promoting trade, increasing the labour force, and improving the internal GDP.

Specifically, the AEC formation will help Vietnam maintain stable economic development and consolidate trust of foreign investors so that to draw bigger investments from the insiders and outsiders of the bloc, he added.

According to Sadiq Curimbhoy, Maybank Kim Eng Global Investment Strategist, the infrastructure, financial services, tourism, and trade sectors will benefit most from the AEC if businesses could spot opportunities and seize them.

During the workshop, experts talked about the role of women in economic development and how to grasp opportunities in ASEAN emerging markets and use technology to develop operations.

Founded in 1967, the Association of Southeast Asian Nations (ASEAN) groups Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.
VNA/VNP