09:39 | 08/03/2016 Investment
Singapore’s Temasek wants to step up investments in Vietnam and seek partnerships in finance, hi-tech, consumer goods and healthcare, Cheo Hock Kuan, Temasek International’s Head of Strategic & Public Affairs, said at her meeting with Deputy Prime Minister Nguyen Xuan Phuc on March 2.
Illustrative photo (Source: allsingaporestuff.com)
Temasek established a representative office in Vietnam in February 2005, with its investment list covering a range of sectors, such as natural resources, agro-fishery, information technology and banking, according to Cheo Hock Kuan.
She noted that Vietnam has paid attention and created favourable conditions for Temasek and other foreign investors, helping them operate productively and contribute to growing ties.
Deputy PM Phuc lauded Temasek’s viable business in Vietnam as a contribution to reinforcing the partnership between the two countries.
He said Vietnam has been improving its investment and business environment and the Government is working to provide the most possible conditions for foreign investors.
He suggested the group investing in mineral processing, food technology and tourism./.