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Vietnam: New foreign investments indicate growing interest from businesses

Predictions

  • New foreign investments indicate growing interest from businesses, though environmental and infrastructural challenges will persist
  • Increasing foreign investment, particularly trade with EU, will support quick economic recovery from COVID-19
  • Economy will benefit from foreign government incentives to relocate supply chains from China, though initial costs of relocation will be high

Event

Taiwanese company Petragon, a supplier for Apple, Sony and Microsoft, said on 21 September that it plans to invest USD 1 billion to build a manufacturing complex in Hai Phong, a major port city east of Hanoi. 

Falanx Assynt is a global intelligence consultancy and leading provider of geopolitical, strategic and business risk analysis since 2003. Falanx Assynt is part of Falanx Group Ltd (LON:FLX) which, through its subsidiaries, provides cyber defence and intelligence services to blue chip and government clients worldwide.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.