Last updated: 16:51 - February 5, 2007
Top world group plans to enter Vietnam http://www.nhandan.com.vn/english/business/050207/business_top.htm
Goldman Sachs, a leading global investment banking, securities and investment management firm, is planning to enter the Vietnames market, signalling a flow of foreign investment in Vietnam in 2007.
Goldman Sachs has selected Thien Viet Securities Company (TVS) as its partner to implement its business plans in Vietnam, according to Lloyd C Blankfein, chairman and chief executive of Goldman Sachs, who visited Vietnam last month.
Following success in the Asian market, Goldman Sachs recently looked to Vietnam's economic growth potential and its promising investment opportunities in this country.
During January the group found that Vietnam was a strategic market for its long-term development plan.
The group wants to make foreign direct investments in Vietnam and work as consultants for groups, corporations and large companies in Vietnam. As one of the world's top stock investors, Goldman Sachs Group is expressing its willingness to become a strategic investor in large companies in Vietnam.
With its strong financial capacity, top rank management technology and highly qualified human resources, Goldman Sachs will help raise Vietnamese companies to international standards.
The group also believes that it will offer consultancy services and guarantee the issue of stocks in the equitisation of State-owned companies, list stocks and mobilise shares for large Vietnamese companies in domestic and international markets. (VNA)
© All rights, including design and copyright are owned by NhanDan Online.