The delegates took picture. Photo: QT
Attending the conference, besides the ASEAN Finance Ministers, ASEAN Secretary General, Banking and Finance Officials of ASEAN countries, there was also attendance of leaders from private areas, delegates known as leaders and senior managers of the multinational companies, international finance organizations, investment banking, credit rating agencies, shares and bonds investors and other finance investment funds.
With the title: "One ASEAN: Sustaining growth momentum", at AFMIS this time, ASEAN Finance Ministers have claimed that ASEAN has always been an attractive investment destination to the investors with the region's growth rate of 4,7% and is expected to reach 5% in 2014. |
During the conference, ASEAN Finance Ministers had a discussion with the investors about the economic prospects of ASEAN, updating the status to look forward to ASEAN Economic Community, financial integration progress and policy predictions of the countries in the areas.
With the title: "One ASEAN: Sustaining growth momentum", at AFMIS this time, ASEAN Finance Ministers have claimed that ASEAN has always been an attractive investment destination to the investors with the region's growth rate of 4,7% and is expected to reach 5% in 2014.
Especially, when ASEAN Economic Community is established in December, 2015, ASEAN will be an attractive investment market with a consumer market of about USD1.2 thousand billions and a population of 600 million people. The positive monetary and fiscal reform, along with efforts in trade liberalization and investment of ASEAN also help ASEAN minimize external impacts and maintain the economy to have a sustainable growth rate, a safe and stable investing environment.
The Deputy Minister Truong Chi Trung discussed about all the contents of the conference and answered and gave out the solutions of the problems that the investors expected. The Deputy Minister also updated with the investors on the Vietnam's macroeconomic situation and economic prospects in 2014. Sharing about the government's policies in 2014, Deputy Minister informed that stabilizing the macroeconomy is still the top priority of Vietnam and now striving for reaching 5,8% in GDP growth rate.
At the conference, Deputy Minister claimed that Vietnamese Government also committed to continue making the most favourable conditions and stabilizing investment environment for the foreign investors in Vietnam, at the same time, determine to make Vietnam always an attractive and safe investment destination.
AFMIS is an annual event of ASEAN Finance Ministers meeting international investment communities to update economic, finance and investment incentives policies in order to promote ASEAN as an investment property with the ASEAN brand and an attractive investment destination. The conference is usually taken place at big financial centres such as London, New York, Hong Kong, Singapore, Dubai, Kuala Lumpur and has been a great concern of international investors. It was held on May 20th, 2014 in Manila, Philippines, host by Philippines' Minister of Finance. |
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