U.S. News & World Report: VN listed among top 10 Best Countries to Invest In
Viet Nam has jumped from the rank 23rd to 8th this year in the U.S. News & World Report’s list on the top Best Countries to Invest In.
The nation overcame other Southeast Asian nations such as Malaysia, Indonesia and Singapore to be ranked among top 10 in the list.
The article says: “Doi moi” economic policy reforms beginning in 1986 have helped Viet Nam transition to a more modern, competitive nation.
Viet Nam’s continued efforts to lessen international isolation are evidenced by its membership in the World Trade Organization in 2007 and participation in free trade negotiations with the Trans-Pacific Partnership in 2010. It is also a member of the United Nations, the ASEAN Regional Forum and the Asia-Pacific Economic Cooperation Forum, among other international organizations.
The Best Countries to Invest In ranking draws from the results of a global perceptions-based survey and ranks countries based on the highest scores among nearly 7,000 business decision makers on a compilation of eight equally weighted country attributes: corrupt, dynamic, economically stable, entrepreneurial, favorable tax environment, innovative, skilled labor force and technological expertise.
To determine the overall list, U.S. News & World Report surveyed over 21,000 people worldwide about 80 different countries, measuring them on 65 different attributes, including cultural influence, entrepreneurship, and quality of life.
source: www.chinhphu.vn
More Articles
- • Key criteria for selection of foreign-invested projects
- • Enterprise registration fees to be reduced since September
- • Standard Chartered: VN leads ASEAN growth rates in near term
- • New regulations on foreign exchange management
- • Policies take effect in August 2019
- • VN among top FDI recipients in ASEAN in 2016-2017
- • News in photos: Investors in HHTP
- • Policies take effect since July 2019
- • Good time for Japanese businesses to expand investment in VN
- • PM asks for improvement in legal system amid Industry 4.0