KPMG survey buoyant about Vietnam’s market growth
(VOV) - Vietnam was ranked one of the top four markets for intended investment by US multinational companies in the next 12 months, according to a KPMG survey of US business executives.
“The survey results confirm what we are seeing on the ground in Vietnam and reflect a restoration of US business confidence in the Vietnamese economy,” said KPMG in Vietnam’s chairman and CEO, Warrick Cleine.
“It is fantastic and exciting to see our US clients expressing such confidence in Vietnam,” Cleine added
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The KPMG survey was conducted in the spring of 2014 and reflects the responses of 100 US business executives involved with business development and corporate strategy.
The survey reported despite huge potential, investors have to face many challenges and risks in penetrating markets and keeping growth. Business executives said culture, languages, infrastructure and the governmental interference are main obstacles they encounter.
Rounding out the top four markets are China, Brazil, India and Vietnam.