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Why Vietnam is the most investor-friendly country in Southeast Asia

ThanhNienNews.com - Vietnam is the most investment worthy place in ASEAN – this is a common response of many foreign investors when being asked about their investment plan in the upcoming years. This is not an exaggeration about Vietnam’s current investment environment as well as its potentiality but is in fact based on valid and practical grounds, where improved economic diversification, international integration, reformed investment legislation and good economic policy must be counted. Economic recovery and stable development According to a recent statistics by the General Statistics Office, GDP growth of Vietnam over the first six months is quite high, at 6.28 percent. This is the highest growth for the past five years and could be far over the targeted growth for 2015.

Vietnam’s labor productivity growth rate fastest in ASEAN in 1991-2012: report

TuoiTreNews.vn - Vietnam recorded the fastest growth rate in labor productivity between 1991 and 2012 when compared to other member countries of the Association of Southeast Asian Nations (ASEAN), according to a report recently released by the Institute of Chartered Accountants in England and Wales (ICAEW).

Vietnam projected to become world’s 22nd largest economy by 2050: PwC

TuoiTreNews.vn - Vietnam is projected to become the 22nd largest economy in purchasing power parity (PPP) terms in 2050, British auditor PricewaterhouseCoopers said in a report released Tuesday. The Southeast Asian country, along with Nigeria and the Philippines, are the “notable risers” in the global GDP rankings in the long term, reflecting relatively high projected average growth rates of around 4.5-5.5 percent per annum over the period to 2050, according to PwC.

Samsung could raise its investment in Vietnam to US$20 billion

Samsung has offered to raise its investment in Vietnam to US$20 billion in 2017 if their existing business here goes smoothly, according to a new government report. The South Korean giant has become Vietnam’s biggest foreign investor with over $12.6 billion in registered capital. Workers at Samsung's cell phone factory in Bac Ninh Province, northern Vietnam. Photo: Mai Phuong

Silicon Valley dream in Vietnam is coming true

VietNamNet Bridge - The emergence and expansion of international technology corporations in Vietnam in the past two years shows an important shift in investment. The Vice President of the Vietnam Association of Foreign Investment Enterprise (VAFIE), Nguyen Van Toan, talks about this trend.   Mr. Nguyen Van Toan