Vietnam is an attractive market for foreign investors. Natural strengths such as favorable geographical location and vast resources are Vietnam’s inherent advantages.
In addition, political stability and economic development are essential foundations for a sustainable market. Vietnam has an abundant and quality labor source that promises to promote economic growth. In particular, the Government always offers policies to support and encourage foreign investment.
In recent years, the Government and localities have been actively attracting resources to invest and improve infrastructure, vital traffic routes, airports, water ports, and inland areas. Therefore, infrastructure is gradually improved and is no longer an invisible barrier in the process of attracting foreign investment capital into Vietnam.
The population structure is young and getting younger with an average age of 30.8 years old. At the same time, Vietnamese workers are also highly appreciated for their high level of education and hard work. Most Vietnamese workers have good working skills and high adaptability to the working environment while labor costs are only 10% or 5% of those in industrial countries and lower than those in low-income countries. similar income. This is Vietnam's competitive advantage compared to other labor markets in Asia in general and the world in general.
Vietnam's economy is increasingly open as Vietnam has signed many bilateral and multilateral free trade agreements with many countries to attract investment. These include: Vietnam - United States Bilateral Trade Agreement, Vietnam - Japan Economic Partnership Agreement (VJEPA), Vietnam - EU Free Trade Agreement (EVFTA),... The strengthening of Integrating with the world will bring many advantages for investors from these countries and regions when investing in Vietnam.
The above mentioned advantages are strengths that make Vietnam gradually become one of the top choices of foreign investors.
