Friday, February 02, 2007

Goldman Sachs plans operations in Vietnam

Investment banking and securities firm Goldman Sachs is planning to enter Vietnam’s financial market and has chosen Thien Viet Securities Company as a local partner.

In the short term, Goldman Sachs plans to make direct investment in Vietnam, providing consultancy services, guaranteeing securities issuances, helping enterprises list on the bourse and raise capital in both the domestic and international markets.

Chairman and CEO of Goldman Sachs Group, Lloyd Blankfein, flew to Vietnam to meet central bankers and other government officials last month when Vietnam celebrated its formal accession to the World Trade Organization.

Source: Thanh Nien

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