Italy ’s leading financial daily “The Sun 24 Hours” has described Vietnam as one of the best countries for Italians to live and invest in.

This view was mentioned in the newspaper’s long feature, which focuses on some countries with attractive investment policies, life quality and business and job opportunities.

It said that the two nations have established a strategic partnership which provides a number of benefits for Italians and specifically allow Italian retirees to live in Vietnam and receive their full retirement pensions.

Despite the negative impact of the global economic downturn, Vietnam ’s GDP grew by 5.2 percent in 2013 and its economy is developing well, the newspaper said.

Regarding the real estate market, the paper wrote that low prices will attract foreign investors while the Government is drafting revised policies to allow foreigners to buy houses in the country.

The number of international schools in Vietnam ’s larger cities are on the rise and are of high quality and safe, it added.

The lower living cost can make Italian people who work at Government agencies or companies comfortably in Vietnam after retirement.

Italy now ranks fifth among EU countries in terms of the highest number of tourists to Vietnam.

Despite two-way trade surpassing 3 billion USD in 2013, Italy only ranks 32 nd among foreign investors in Vietnam , the daily concluded.-VNA