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Grant Thornton: VN’s unlisted companies attractive
More than half of investors surveyed by the Grant Thornton Vietnam assessed Vietnam would be more attractive than other destinations in 2009.
The organisation’s Private Equity survey of 169 domestic and foreign businesses conducted in March revealed that 67 percent of them were optimistic about their investment in Vietnam, particularly in unlisted companies.
Forty-two percent of the surveyed investors that have been pouring their money in more than one country said they planned to increase their investment in Vietnam, compared to 8 percent that planned to reduce investment.
Regarding Vietnam’s economic outlook in 2009, 37 percent of the surveyed businesses said it may worsen while 36 percent shared a rose-coloured view and the remaining 27 percent said it may be unchanged.
Vietnam’s economic growth remained strong in 2008 despite slowing down since 2007.
Grant Thornton Vietnam is a member of the Grant Thornton International Ltd, an organisation of independently owned and managed accounting and consulting firms. It started operating in Vietnam in 1993.
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