adv-06 adv-06

Vietnam vows 5% GDP growth in post-outbreak foreign investment


Vietnam ‘s success in pushing back the pandemic was driven in part by a system of intensive research and mass, concentrated isolation of large numbers of people. After five years of growth, Vietnam’s foreign investment dropped by 15.5 per cent to $12.3 billion in the first four months of the year, as stated by the General Statistics Office (GSO) records. Nevertheless, this year the country is targeting annual GDP growth of over 5 per cent.

The country is on the verge of having massive foreign investments to flood in after the pandemic for this fast response. Kizuna Joint Development Corporation, a company that builds read-to-go factories in Vietnam, is planning to complete a factory of 100,000 square meters in southern Vietnam, fully expecting a post-pandemic interest expansion.