Networking Night & Panel Discussion on Lifting Foreign Ownership Limit and Investment Opportunities in Vietnam
Format: Networking Night
Food & drink (soft drink & beer) will be provided
COULD VIETNAM BE ASIA’S NEW GROWTH ENGINE?
Highest GDP growth in ASEAN, at 6.4% in 2015E and at 6.8% in 2016F;
P/Es at 40% discount to ASEAN markets for ex top 5 stocks;
Stock and property remains 60-70% below peak levels;
Stable FX and low inflation for the past three years;
Banking restructuring, NPL problem solving; real estate warming up;
TPP is mixed of politics and economics, etc.
WHAT HAS HAPPENED RECENTLY?
The Government has issued a new Decree No 60/2015/ND-CP, Scrapping Foreign Ownership Limit in listed companies. Foreign stakes can be increased up to 100% in certain sectors. It is expected to have a positive impact on the stock market and the privatization process of Vietnamese state-owned enterprises. However, the effect of these changes remains vague and needs to be tested in practice. What are the reasons?...
For further understanding of the decree and investment opportunities in Vietnam, we are honored to welcome 3 prominent speakers from different industries to provide a diversified and comprehensive view on the topic.
1. Mr. John Foo, CEO & CIO - Kingsmead Asset Management
With over 23 years of experience in Asian markets, Mr. John Foo has been the Portfolio Manager for the Kingsmead Asian Alpha Opportunities Fund since March 2012. He is also the Portfolio Manager of the Kingsmead Vietnam and Indochina Growth Fund from August 2014. His products are known to produce good returns that have outperformed the Asian benchmark indices. Prior to starting Kingsmead Asset Management, John was a Managing Director of Morgan Stanley and Frontpoint partners and also a Portfolio Manager of the Frontpoint Asian Event Driven Fund from August 2009 – July 2011.
2. Mr. Vu Dzung, Partner - YKVN
Mr. Vu Dzung is a Partner of YKVN and is based in the Ho Chi Minh City office. His practice focuses on banking & finance transactions, corporate matters and litigation. Mr. Dzung's representative clients include Citibank N.A., Bank for Foreign Trade of Vietnam, Bank for Investment and Development of Vietnam, Vietnam Airlines Corporation, and Vietnam Association of Seafood Exporters & Producers (VASEP). He has represented international and Vietnamese banks in many significant financing transactions in Vietnam. He regularly advises business on general corporate, trade, tax and intellectual issues and also represents them in litigation and arbitration proceedings.
3. Dr. Phan Minh Ngoc, Former Lecturer at Kyushu University
Dr. Phan Minh Ngoc obtained Degree of Doctor in Economics in 2004 and then taught and conducted research in International Economics for a couple of years in Kyushu University. He has also published various economic articles in international academic journals such as ASEAN Economic Bulletin, Asian Economic Journal, Journal of Economic Studies, Asian Business & Management, and Singapore Economic Review, etc.
Don’t miss out on the sharings of these 3 prominent speakers. Book your ticket now.