Vietnam’s economy attractive to foreign investment: int’l media
Vietnam is like a rising star, meeting all the factors to improve its economic image and attract more foreign investment flows, according to an article published by The Times of India.
Hanoi (VNA) - Vietnam is like a risingstar, meeting all the factors to improve its economic image and attract more foreigninvestment flows, according to an article published by The Times of India.
In the context of the COVID-19 pandemic, Vietnamhas been getting a lot of attention as it has managed to cage the outbreak witha sheer iron will, the article said.
Vietnam is fast emerging as the preferred destination of multinational firms,it stressed, adding that the Southeast Asian nation is revving up its economicengine and has already restarted domestic tourism.
The IMF forecasts that Vietnam is likely to post economic growth 2.7 percent in2020, while the World Bank has pegged it at 4.9 percent - far greater thanregional peers.
“Vietnam finds itself in a sweet spot today. It has contained COVID-19,weathered most of the economic storm, and has the right ingredients to takefull economic advantage of the post-pandemic scenario”, the article said.
Foreign media also ran articles on the assessment of Vietnam’s success in containingthe spread of the virus and working for its economic recovery.
Axios.com said Vietnam was one of the first in the world to re-open withfew restrictions, and it was already enjoying a flood of foreign investment.
Meanwhile, Channelnewsasia (CAN) said the COVID-19 pandemic is a test for allsystems in Vietnam, and the country passed it with excellent results.
From the success of Vietnam, the Brookings Institution has made a series ofsuggestions on how to change the development strategy so that it not only growsfaster but also achieves better achievements./.
Reuters and Regnum highlighted Vietnam's economic performance, while Bloomberg said Vietnam has really made a more-than-expected breakthrough and is expected to continue to grow rapidly.
Foreign media and international organizations have praised Vietnam’s efforts in containing the spread of the COVID-19 virus, suggesting that other countries could learn from its experience.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Illustrative image (Photo: VNA) 
