Everyone is preparing for a big shift in foreign companies due to the commercial war between the US and China. Vietnam is considered Asia's bright spot
Since April 2018 to August 2019, There were 56 manufacture businesses left China and moved to other country in Asia. Most of them chose Vietnam. In the worry that Indonesia, which only had 2 manufacturers moved in, would fall behind, Ambassador of the Republic of Indonesia to Vietnam, Ibnu Hadi proposed that the “country of thousand islands” needs to accelerate its trade cooperation and expand the market in order to attract more investors and manufacturers
In the midst of the Global pandemic, even though being severely hit by the Coronavirus, Vietnam is proudly known as one of a few countries still able to maintain positive growth rates around the world.
What is up with Vietnam? It has one of the fastest economic growth rates the world. It succeeded in containing 2 big outbreaks in 2003 and this year. And now it has become the best stock market performer in Asia?