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Weekly Vietnam Economy News (8 – 15/10, 2020)

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In this article, we will provide new information about Vietnam Economy. Vietnam becomes a magnet to attract foreign investment by 2021: policymakers According to policymakers, Vietnam will be among the world’s top destinations for foreign direct investment (FDI) by 2021 thanks to Vietnam’s efforts to prevent and combat the COVID-19 pandemic. A highly skilled workforce and political and economic stability are among the country’s most important advantages in attracting foreign investors, especially as the global economy struggling to recover from the pandemic. Meanwhile, Vietnam has continuously improved its industrial infrastructure by boosting the construction of industrial zones and economic zones. By the end of September, there were 366 industrial parks nationwide, where there were more than 10,000 projects reaching nearly 200 billion USD of total investment value. At the same time, Vietnam plans to invest in the workforce, develop supporting industries, and improve business l...