In the survey, conducted online from November to December 2019 by NNA Japan Co., a Kyodo News group company, Vietnam received 42.1 percent of the 820 valid responses, based on factors such as its potential as a growing market and large supply of skilled, low-cost labor.

A corner of Hanoi.

India was second at 12.2 percent, with expectations for its growing market and its potential as a doorway to the Middle East and Africa among the reasons cited.

Myanmar jumped three spots from the previous year to third place at 11.6 percent, while Indonesia was fourth at 6.6 percent.

China, which appears to have lost its appeal somewhat as an investment location due to concerns about its trade war with the United States and rising labor costs, ranked fifth at 5.1 percent.

FTAs encourage food imports, investments in Vietnam

Free trade agreements (FTAs) have created opportunities for food imports and foreign investment in the domestic food industry, according to experts.

Vietnam - RoK economic, trade and investment ties grow strong

The Republic of Korea is one of Vietnam’s leading partners, ranking first in investment, second in official development assistance provision and third in trade.

Hanoi’s leader promises to facilitate Korean investment projects

Chairman of the Hanoi People’s Committee Nguyen Duc Chung said the capital city is ready to create favourable conditions for projects by businesses from the Republic of Korea (RoK).

Tan Yen accelerates investment promotion in locality

(BGO)- In line with economic development in 2019, Tan Yen district (Bac Giang province) sees dramatic development of enterprises in both quantity and quality. 

Vietnam, US look to expand trade, investment cooperation

The US attaches special importance to developing cooperative ties with Vietnam in different fields, visiting US Secretary of Commerce Wilbur Ross told Minister of Industry and Trade Tran Tuan Anh.

Source: VNA