SINGAPORE (Reuters) -China Worldwide Capital Corp is seeing extra strategic alternatives for Chinese language company purchasers in Vietnam, the financial institution’s head of Southeast Asia and Singapore CEO Stephen Ng mentioned on Tuesday.
He additionally mentioned CICC was seeking to get hold of an funding licence in Indonesia on a panel on the Reuters NEXT discussion board in Singapore.
The financial institution plans to broaden its presence in Southeast Asia by opening places of work in international locations together with Indonesia and Malaysia, Reuters reported final week.
State-owned CICC opened a consultant workplace in Vietnam in June, extending its presence in Southeast Asia, dwelling to a number of quick rising economies.
VinaCapital Fund Administration deputy managing director Khanh Vu mentioned on the panel that Vietnam was turning into more and more engaging to abroad traders.
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