Vietnamplus

Vietnam has emerged as an attractive foreign direct investment (FDI) destination in Asia, by beating China and India, a report by The Economist Intelligence Unit (EIU) has indicated.

The Eurasian Times has recently published an article on Vietnam’s success in attracting foreign direct investment (FDI), saying the Southeast Asian nation has emerged an FDI hub in Asia.

Vietnam has emerged as a hub of foreign direct investment (FDI), according to the eurasiantimes.com.

Vietnam’s containing of the COVID-19 pandemic allowed quick reopening of local businesses, and the country is now expected to be the world’s fastest growing economy in 2020, said Ruchir Sharma, the chief global strategist at Morgan Stanley Investment Management.

Foreign investors are edging back into emerging markets like Vietnam on hopes the recent significant recovery of the equity market will reassure those hoping to capitalise on stronger economic growth in the emerging world.

Vietnam is making a name for itself as a dynamic emerging country in Asia with political stability and a growing economy, Kelvin Teo, CEO of Sembcorp Development and Co-chairman of Vietnam-Singapore Industrial Park Group said in a recent interview with Vietnam News Agency (VNA).

ADB has approved a 300 million USD policy-based loan to support the Philippines’ efforts to strengthen the framework under which the private sector can participate in the government’s infrastructure development programme.

Australian Minister for International Development and the Pacific Concetta Fierravanti-Wells has highlighted considerable strides Vietnam has made in recent decades at a ceremony in Canberra to mark the 72nd National Day of Vietnam (September 2).

The Vietnam-Spain strategic partnership has been reinforced in various fields throughout the years, from economy, trade to culture exchange and education, enhancing the friendship between their peoples.

The Vietnamese property market is entering 2016 after witnessing recoveries of firms in 2015, driven by macroeconomic improvements and policies of openness.

The Vietnamese property market is entering 2016 after witnessing recoveries of firms in 2015, driven by macroeconomic improvements and policies of openness.