Vietnam: a rising star in gloom global economy 2020

QNN |

Vietnam’s trade surplus hit record high of 19.1 billion USD last year. The country’s GDP now is on the list of top 40 largest economies in the world.

A trading port in Vietnam
A trading port in Vietnam
 

Vietnam has become an attractive destination to many international investors, especially in the context of the COVID-19 pandemic.

According to Vice Chairman of EuroCham in Viet Nam Jean-Jacques Bouflet, Vietnam is a reliable partner. So, EVFTA(EU-Vietnam Free Trade Agreement) will help Vietnam access the world's leading difficult market, as well as promote European businesses to invest in Vietnam.

A factory in Vietnam
A factory in Vietnam
 

Vietnam was among rare economies to maintain positive growth in 2020 while the inflation rate was controlled well. The country was successful in a “dual target” of economic growth and the COVID-19 pandemic control last year.

Chairman of the Korean Business Association in Vietnam Hong Sun said, Vietnam is a safe destination. So, the country is attracting the attention of foreign investors. Vietnamese Government and people are hoped to make use of this time to attract more investors into Vietnam to boost the national economy in 2021.