Taipei, Oct. 29 (CNA) In the midst of massive media coverage and interest in investing in India and Vietnam, researchers expressed concern with that frenzy in a forum that focusing on opportunities in the rapid-developing countries Monday.
Taiwan's manufacturing industry has been doing well in Vietnam, which opted to open its domestic market in late 1980s, but it is still risky to invest in Vietnam's stock market, said Ben Chang, General Manager of AEGON Securities Investment Consulting Co., in the forum organized by Taiwan Research Institute.
Vietnam's economy has shown robust growth during the last decade, during which it has registered an average gross domestic production (GDP) growth rate of more than seven percent, he said. However, given the small scale of its stock market and foreign investment restrictions, it's still a risky market for foreign investors.
India has been lauded as another promising market for investors all over the world, but opinions on its future economic development remain mixed, said Ma Daw, an assistant researcher of Chung Hua Institution for Economic Research.
India possesses a number of advantages for investors. The strength of its information technology (IT) sector, work force structure and large population are expected to be the driving force behind its strong growth in the future, Ma said.
On the other hand, Ma warned, investors have to be willing to take risks given the state of the infrastructure, complicated taxation code, government inefficiency and foreign investment restrictions.