Taiwanese Investor Predicts Vietnamese Economy Will Continue to Soar

Not only foreigners doing business in Viet Nam but also domestic enterprises strive to compete in a difficult market and doing their best to optimize their operations.

Viet Nam’s economy will continue to develop to a new height, attributed to the successful integration to the World Trade Organization, said Mr. Chang Che Jen, General Director of the Tatung Vietnam Corp.

Mr. Chang speculated that Viet Nam’s economic expansion would ride on the back of increasing tourism, investment attraction and increases in domestic demand.

"The rising number of international visitors to Viet Nam currently gives credence to my predictions. I have come to admire not only foreigners doing business in Viet Nam but also domestic enterprises striving to compete in a difficult market and doing their best to optimize their operations," he said.

Mr. Chang Che Jen, General Director of the Tatung Vietnam Corp.

"One of the most important factors of running a business is the sustainable development of the target market. Thanks to the leadership of the Vietnamese government, Vietnamese people are enjoying a better standard of living these days and that has helped the market to grow. That fact is one of the main reasons that Tatung decided to invest in the country."

To date, Tatung Viet Nam Corp. has three factories in Viet Nam producing household appliances such as refrigerators, electric fans, rice cookers, microwave ovens and galvanometers to export to other Southeast Asian countries.

In the future, the Taiwanese investor plans to expand into manufacturing air conditioners, washing machines, dishwashers, personnel computers and mobile phones.

By H.D – Translated by Trong Khuong

Other news