On August 22, 2024, in Ho Chi Minh City, the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV), in collaboration with the Thai Business Association in Vietnam (ThaiCham), hosted a seminar titled "Vietnam's Economic Landscape and Stock Market Trends." The event attracted over 100 delegates, representing FDI enterprises from Thailand, Singapore, the United States, India, and other countries. The seminar provided a valuable platform for FDI companies to gain deeper insights into Vietnam's economic outlook and the latest trends in its stock market.

In recent years, Vietnam has become an attractive destination for FDI investors due to its favorable policies, competitive labor costs, stable political environment, developed infrastructure, numerous new industrial zones, market scale, and participation in various Free Trade Agreements (FTAs). Thailand is among the top 10 FDI investors in Vietnam, with total registered capital reaching $14.2 billion across 750 projects as of July 22, 2024. Thai enterprises have significantly contributed to the growth of several industries in Vietnam, especially fast-moving consumer goods, real estate, and manufacturing, with prominent names such as SCG Group, Thai Beverage, C.P Group, WHA, and Central Retail.

The first seven months of 2024 witnessed a slight recovery in the global economy, with some economies growing faster than expected, inflation under control, stable commodity prices, gradually decreasing interest rates, and a revival in international trade and investment. These positive developments offer promising prospects for economic growth in 2024-2025, comparable to 2023. However, the global and Vietnamese economies still face numerous challenges in 2024-2025, including global political impacts, high inflation, food and energy security concerns, and unpredictable climate changes. FDI enterprises investing in Vietnam require comprehensive information to navigate these challenges and make informed strategic decisions. The seminar organized by BIDV and ThaiCham addressed this crucial need.

During the seminar, leading economic experts shared in-depth analyses of Vietnam's macroeconomic situation, the opportunities and challenges facing FDI enterprises, and the prospects and development of Vietnam's stock market. Notably, the speakers provided valuable insights into Vietnam's economic, trade, investment policies, and projections for 2024 and beyond. Dr. Can Van Luc, BIDV’s Chief Economist, delivered key insights on the economic, trade, and investment landscape, along with forecasts and trend analysis for the upcoming period. Additionally, Ms. Dang Nguyet Minh, Head of Research at Dragon Capital, discussed investment trends and the future development of Vietnam's stock market.

The seminar garnered significant interest from FDI enterprises, raising specific questions about factors affecting the stock market, recent regulatory changes, the integration of ESG (Environmental, Social, and Governance) factors impacting market trends, the impact of the new U.S. Presidential term on the global economy and Vietnam, among others. As leading experts in macroeconomics and finance, Dr. Can Van Luc and Ms. Dang Nguyet Minh provided in-depth analyses, giving FDI enterprises a comprehensive view of Vietnam's economic situation and new investment opportunities.

The practical, in-depth insights shared by the experts were highly appreciated by ThaiCham members and the FDI business community. This valuable information not only helps investors gain a clearer understanding of the Vietnamese market but also facilitates sound investment decision-making. In particular, businesses have the opportunity to receive comprehensive support in their operations in Vietnam through strengthened cooperation with BIDV, including key branches involved in the event, such as Tay Ho Branch and Transaction Center 2 Branch.

With a vision of becoming a leading bank in the region, BIDV has continuously innovated and improved service quality, especially for FDI enterprises. By proactively collaborating with foreign business associations, regularly organizing forums to exchange information, share experiences, and provide consultation to thousands of businesses each year, BIDV has become a trusted partner of the international business community. Being honored three consecutive times by Asian Banking & Finance Magazine with the award for Best FDI Customer Service Bank in Vietnam in 2022, 2023, and 2024, clearly demonstrates BIDV's relentless efforts.