Vietnam among the most exciting economies in Southeast Asia: Bain Capital
(VOVWORLD) - Vietnam has one of the most exciting economies in Southeast Asia, says Sarit Chopra of investment firm Bain Capital in an interview on CNBC on Wednesday.
Sarit Chopra of investment firm Bain Capital in an interview on CNBC on Wednesday (screen shot) |
He said from a long-term perspective, Vietnam is probably the fastest growing market in Southeast Asia with a long‑term structured growth rate while from a perspective of the government, everybody is aligned to ensure that the economy succeeds.
Vietnam has a large population with a large, young working population. 40% of the population are people of age 25 to 49. He said the middle class is rising and expected to double within a decade.
Vietnam is a country that has very exciting prospects. That is the reason why Ban Capital is looking for investment opportunities, says Sarit Chopra.