Sarit Chopra of investment firm Bain Capital in an interview on CNBC on Wednesday (screen shot) |
He said from a long-term perspective, Vietnam is probably the fastest growing market in Southeast Asia with a long‑term structured growth rate while from a perspective of the government, everybody is aligned to ensure that the economy succeeds.
Vietnam has a large population with a large, young working population. 40% of the population are people of age 25 to 49. He said the middle class is rising and expected to double within a decade.
Vietnam is a country that has very exciting prospects. That is the reason why Ban Capital is looking for investment opportunities, says Sarit Chopra.