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Viet Nam pulls fresh Italian investment

Nov 18th at 13:07
18-11-2013 13:07:13+07:00

Viet Nam pulls fresh Italian investment

With the signing of the Trans-Pacific Partnership (TPP) Agreement, Viet Nam will become an attractive destination for foreign investors as it boasts an abundant, young and skilled workforce.

So said Italy's biggest economic daily "Il Sole 24 Ore " in a recent article titled " Viet Nam: the signing of the TPP will bring new opportunities for foreign companies."

The article, published on November 13, said that Viet Nam, with its young population and rapid development, has integrated into the 610 million-strong ASEAN, one of the most attractive economic regions in Asia. The upcoming TPP signing will allow Viet Nam to share its prospects with a 12-country bloc that accounts for 40 per cent of the world's GDP and one third of global trade, it said, adding this is a big chance that Italian businesses cannot miss.

According to the article, Viet Nam is also attractive for investors because of a Free Trade Agreement (FTA) it expects to sign with the European Union (EU) in 2014.

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