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Temasek aims for thriving business class in VN
Temasek Holdings, an Asian investment firm headquartered in Singapore, remains optimistic about long-term investment in Vietnam. Derek Lau, chief representative for Vietnam, spoke about Temasek plans in the country.
Why is Viet Nam, which is facing economic difficulties, an attractive investment destination for Temasek Holdings? Has Temasek been affected by Viet Nam’s high inflation?
In light of the economic challenges faced by the market, Temasek is adopting a cautious outlook, while remaining optimistic about long-term investment.
We have also been following news that the Vietnamese Government is actively responding by making the necessary economic-policy adjustments. This contributes to our confidence in Viet Nam’s long-term prospects.
What are your short- and long-term plans in Viet Nam? And in what areas?
As you may be aware, we formalised our commitment to Viet Nam by opening our first representative office in HCM City in 2005.
We are planning to extend this commitment by establishing our second representative office in Ha Noi this year.
Viet Nam fits well with our overall theme of investing in transforming economies and the thriving middle-income class.
We continue to look for opportunities along these general themes. This may include investments in real estate, infrastructure, industrial and engineering, energy and resources, financial services, health-care, and consumer and lifestyle goods.
Temasek recently organised a Leaders’ Programme in HCM City. What were its aims? What do you think about Viet Nam’s young business people and entrepreneurs?
"Leaders!" is a development programme to develop the leadership capabilities of high potential people in today’s changing global business environment. It focuses on building the four leadership competencies of strategic perspectives, people orientation, result focus, and change leadership.
Blending self-assessment, mutual learning, case studies and field trips, the recently concluded programme aimed to provide a rich experience for high-potential young leaders on issues facing international businesses.
Viet Nam was selected as the ideal location for this year’s programme because it gives participants a wonderful opportunity to observe a transforming economy for themselves.
They learned from a new generation of top Vietnamese business leaders and talent. Participants were inspired by the creativity, far-sightedness and energy level of these business leaders.
VNS
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