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FLC Group making a mark

Released at: 19:03, 07/11/2015

FLC Group making a mark

Investors event hears of positive contribution group makes in its projects.

by Son Ho

At an investors event held by the FLC Group and the Ho Chi Minh Stock Exchange (HoSE) on November 6, Dr. Tran Du Lich, Deputy Head of the National Assembly (NA) Delegation for Ho Chi Minh City, said that investors should give due regard to the social aspect of their projects as well as making money. FLC is a great example of this, he went on, conducting projects to change the urban and tourism environment in coastal areas.

Agreeing, Mr. Nguyen Dinh Xung, Deputy Chairman of the Thanh Hoa Provincial People’s Committee, said that FLC’s investment in a coastal ecological zone will have a huge influence on the tourism infrastructure, professionalism, and capacity of the local area. “

"This encourages Thanh Hoa to invest in tourism infrastructure into the future,” Mr. Xung said.

Dr. Lich emphasized that Vietnam has always had potential in tourism but this is yet to be fully exploited, as projects have been competed unprofessionally.

“I believe that in the future the government will turn tourism into a key industry,” he said. “Developing tourism will require the resolution of certain problems but property in the central region has huge potential.”

He also spoke of the importance of timing. “Investors who act slowly will lose, while those with perhaps less money but making their moves faster will win.” With the TPP agreement, he explained, Vietnam may not be a big country if it moves quickly it can make the most of the agreement.

“I believe that from 2016 onwards Vietnam will move into a period of sustainable development,” Dr. Lich said. “This will open up new opportunities for both local and foreign investors.”

The event was attended by more than 200 investors, financial companies, and funds, where they were presented honest information on FLC and given the opportunity to share their ideas on the development of the group.

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