Illustrative image (Photo: VNA) The article wrote that over recent years,with the stable development of the economy, Vietnam has attracted an increasingattention of investors, and always leads Southeast Asia in terms of foreign directinvestment (FDI) attraction.
Compared to other Southeast Asiancountries, Vietnam is more attractive to foreign investors because of its advantages - astable political institution and an abundant and skilled workforce. Over recentyears, Vietnam's semiconductor and high-tech industries have grabbed much attentionfrom the world.
It cited data from the Vietnamese Ministryof Planning and Investment’s Foreign Investment Agency as saying that by January 20, Vietnam had attracted more than 2.36 billionUSD in foreign investment, up 40.2% year-on-year.
The author forecast that Vietnam's FDIattraction will maintain good growth momentum this year and the next period,given the fact that the Vietnamese Government always creates favourableconditions for investors for mutual development and benefit, with a lot of incentives on tax, factories, labour, raw material supply, and infrastructure.
According to the author, Vietnam boasts richnatural resources, a rapidly growing consumer market, and a continuouslyimproving policy environment, thus creating huge market potential thatinvestors can exploit./.
VNA
