Vietnam on the mend

More Thai investors should consider getting a foothold in Vietnam as its economy rebounds, says Bangkok Bank.

Published: 14 Jan 2013 at 10.41
Newspaper section: Asia focus

Despite a weak economy, high inflation, and the banking and property market malaise seen throughout 2012, the year ahead could be much different for Vietnam, says Bangkok Bank’s top executive in the country.

“In comparison to other countries in the region, the competitiveness of tourism development in Vietnam is still uneven and not commensurate with the potential. This is a remarkable opportunity for foreign investors”

THARABODEE SERNG-ADICHAIWIT
General manager for Vietnam,
Bangkok Bank

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boons
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Discussion 2 : 14 Jan 2013 at 17.112
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Dear Bangkok Post Editors: The fact that Bangkok Bank is recommending that Thai businesses relocate to Vietnam to take advantage of lower labour costs is actually a major breaking news story. There should be a headline which reads, "Bangkok Bank recommends Thai businesses move to Vietnam for cheaper labor". This fact should not be buried within an article about the increasing stability of Vietnam's banking sector (which isn't true anyway).
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boons
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Discussion 1 : 14 Jan 2013 at 15.101
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> "He encouraged Thai companies to relocate their plants to Vietnam in order to enjoy lower labour costs and political stability. "

And there you have it.
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Vietnam on the mend | Bangkok Post: business