Toi Tre News, a Vietnamese news source,
reported:
The Ministry of Finance has proposed that the government increase the
proportion of investment by foreign investors in the Vietnamese stock
exchange, Deputy Minister of Finance Truong Chi Trung said at his
meeting with David Marchick, the managing director of the U.S.’s Carlyle
Group on Friday.
Will
Vietnam openly welcome private equity underwriters (PEU's). like Carlyle?
French colonization of Vietnam had the goal of economic profit. The Vietnamese either collaborated with the French or remained poorly
paid laborers. Collaborators joined the lower levels of the French
bureaucracy, made a decent wage, and benefited from the partnership.
The
PEU-ization of Vietnam has a
similar aim.
