German newspaper spotlights Vietnam’s potential for foreign investment

Feb 1st at 10:03
01-02-2021 10:03:51+07:00

German newspaper spotlights Vietnam’s potential for foreign investment

Boerse-online.de – a German securities news site, on January 30 ran an article highlighting the great potential of the Vietnamese market for foreign investment, saying that it is the time for investors to look to the Southeast Asian market.

German newspaper spotlights Vietnam’s potential for foreign investment
German newspaper spotlights Vietnam’s potential for foreign investment (Photo: VNA)

Berlin – Boerse-online.de – a German securities news site, on January 30 ran an article highlighting the great potential of the Vietnamese market for foreign investment, saying that it is the time for investors to look to the Southeast Asian market.

The article emphasiSed that Vietnam's economy is growing strongly, while domestic and foreign investors are participating more strongly in this Southeast Asian market.

Despite the COVID-19 pandemic, the thrust for Vietnam's stock market has yet been interrupted, it said.

According to the article, in 2020, Vietnam responded quickly and consistently to the pandemic, improving the trust of domestic investors.

As a result, economic losses caused by COVID-19 in Vietnam is less severe than in other countries, it stressed.

The World Bank (WB) forecasts that Vietnam's economy will grow by 6.8 percent in 2021, while the Vietnamese Government aims to achieve an average annual growth at 6 percent in subsequent years.

VIR





RELATED STOCK CODE (1)

NEWS SAME CATEGORY

HCM City seeks to attract FDI in IPs and EPZs

HCM City plans to attract foreign direct investment in industrial parks and export processing zones by focusing on improving infrastructure and administrative...

Programme rolled out to back SMEs’ digital transformation

The Ministry of Information and Communications (MIC) officially rolled out a programme supporting the digital transformation of small- and medium-sized enterprises...

Consumer price index rises 0.06 percent in January

The consumer price index (CPI) inched up 0.06 per cent in January against December last year, and down 0.97 per cent year-on-year, according to the General...

Private enterprises key to strong economic development

Speaking with Saigon Investment, Asso. Prof. Dr. TRAN DINH THIEN, a member of the Government Economic Advisory Group, said that he expects the economic development...

Vietnam named top-performing Asian economy in 2020: CNBC

With this performance, Vietnam has delivered one of the highest growth (rates) in a year where the rest of the world were in deep recessions.

Adapting through uncertainty – a survival kit for small businesses

The pandemic has undoubtedly motivated new behaviours, altering people’s lifestyles and the way businesses make payments as they adapt to the new normal.

Germany, Vietnam form new economic cooperation forum

Vietnam attaches great importance to its strategic partnership with Germany as its largest trade partner in Europe and gateway to other European markets, and hopes...

FDI down by 62 pct

Foreign direct investment pledges fell by 62.2 percent in January to $2.02 billion, according to the Foreign Investment Agency under the Ministry of Planning and...

Viet Nam – Hungary trade hits record of $1 billion

Bilateral trade between Viet Nam and Hungary hit a historic record of more than US$1 billion in 2020, reflecting the enhanced relationship between the two countries...

Viet Nam's foreign investment tops $2b in January, down 62%

Foreign investors poured nearly US$2.02 billion into Viet Nam in the first month of this year, down 62.2 per cent from January 2020, according to the Ministry of...


MOST READ


Back To Top