VnnNews – Grant Thornton’s mid-November 2009 survey shows definite improvement compared to the report in April 2009.
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The most attractive investment fields are health care and pharmacy |
The surveyor polled 200 decision makers who are either operating in
Vietnam or have interest in
Vietnam during the months of October and November 2009. 10.5 percent of people polled in the survey were individual investors, while the others were institutional investors, such as securities companies and law firms.
According to Ken Atkinson, General Director of Grant Thornton, the survey shows considerable progress in Vietnam as investors have more optimism than in April 2009.
While other economies have been in recession, signs of strong development attract more and more investors to Vietnam as a future destination point.
59 percent of those polled had a positive view about Vietnam’s economic performance, while the figure was only 36 percent in April. Only 18 percent of polled people said they are not optimistic about the economy, down from 31 percent in April’s report.
Though the national economy still struggles with problems, the impressive economic growth rate in 2009 has drowned pessimism, according to Matthew Lourey, Finance Consultancy Director for Grant Thornton.
67 percent of those polled said that Vietnam is more attractive than other nations as an investment destination, while 63 percent said they will increase investment in the country.
The most attractive investment fields are health care and pharmacy, while transportation and freight forwarding are considered as least attractive. The other services, which rank as more to less attractive are retailing, finance service, real estate sector, hotel and tourism and agriculture and production.
The survey has also shows that investment obstacles in Vietnam and poor infrastructure are the top concerns, replacing worries about administrative procedures seen in the April’s survey. 95 percent of polled people say poor infrastructure is the biggest obstacle to investment, while complicated procedures now ranks the fifth after corruption, monetary control and real estate ownership laws.
77 percent of polled people said that it is now very difficult to access loans in Vietnam, a small increase compared with April’s 76 percent.
VietNamNet/LD
Tags: Of Polled People, Physics games
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