Workers at a garment export factory in Hanoi. Vietnam has become a hub for foreign direct investment within the past decade. Photo: Reuters Workers at a garment export factory in Hanoi. Vietnam has become a hub for foreign direct investment within the past decade. Photo: Reuters
Workers at a garment export factory in Hanoi. Vietnam has become a hub for foreign direct investment within the past decade. Photo: Reuters
Shireen Muhiudeen
Opinion

Opinion

Shireen Muhiudeen

Asean governments need a change of mindset if they want to follow Vietnam’s lead in attracting foreign investment

  • Vietnam has become a hub for foreign direct investment in the past decade, with steady compound annual growth of 10.4 per cent between 2013 and 2019
  • Some may say this is thanks to its young labour force and proximity to China, but the appeal of a stable political environment cannot be underestimated

Workers at a garment export factory in Hanoi. Vietnam has become a hub for foreign direct investment within the past decade. Photo: Reuters Workers at a garment export factory in Hanoi. Vietnam has become a hub for foreign direct investment within the past decade. Photo: Reuters
Workers at a garment export factory in Hanoi. Vietnam has become a hub for foreign direct investment within the past decade. Photo: Reuters
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