41% of the asked investors said that Vietnam’s still attractive for investment owning to low labor cost and a huge working population despite economic difficulties, reported the audit and financial consulting company Grant Thornton.
41% of the asked investors said that Vietnam’s still attractive for investment owning to low labor cost and a huge working population despite economic difficulties, reported the audit and financial consulting company Grant Thornton.
Vietnam is still an attractive destination to investors, which is proved by the sharp increase in foreign direct investment (FDI) in the first months of the year.
According to Ken Atkinson, Grant Thorton Vietnam’s managing director, the new FDI pouring to Vietnam and inflation decrease are considered as good signs for the country’s economy.
The financial crisis in Europe and the down of USD have partly raised private investment in Asia, especially the Southeast Asia, including Vietnam, said Grant Thornton.
Medical care and medicine are the most attractive to investors, followed by education, retail sale and real estate.
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In retail sale, Vietnam is ranked the fourth in the potential markets globally by RNCOS according to the permission of 100% foreign-owned retail sale and distribution company.
Foreign investors also show keen interest in the local real estate sector, especially those from Japan, Singapore and Malaysia, Grant Thornton remarked.
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