FDI inflow to Viet Nam is expected to increase in 2017, said Do Nhat Hoang, director of the Foreign Investment Agency.
Hastening institutional reform and improving competitiveness has become more pressing than ever for Vietnam to help firms grab opportunities from several new-generation FTAs.
With fierce competition with international rivals, textile and garment sector is seen to face difficulties,... accordingly it is likely that the sector will get failure in local.
Vietnam’s cheap labor force will no longer be an advantage in attracting investment as the cost for applying advanced technologies is getting lower.
Fostering the development of a competitive supply chain in the manufacturing sector— a prerequisite to capitalizing on the benefits of trade agreements.
Some 48 per cent of 501 Vietnamese SMEs, which participated in The Future of Business survey, have positive views about the current situation.
Vietnamese labourers, especially skilled labourers, are expected to get more opportunities to work abroad this year.
There has been a bit of buzz about Vietnam. In just a few decades it has undergone a dramatic transformation from an agricultural society to one embracing the modern era.
Vietnam economy will encounter more difficulties in 2017 than in 2016 amid global geopolitical changes and financial uncertainties, experts say.
Viet Nam is focused on completing economic reforms, and building a consistent, synchronous and modern administrative regime to enhance management efficiency.
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