Vietnam remains a top destination for cross-border investment in Asia Pacific

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Vietnam remains a top destination for cross-border investment in Asia Pacific
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A worker checks Galaxy S8 smartphones at the Samsung Thái Nguyên Factory. Forty-four per cent of foreign firms in Vietnam plan to increase their investment in the country over the next 12 months.

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A worker checks Galaxy S8 smartphones at the Samsung Thái Nguyên Factory. Forty-four per cent of foreign firms in Vietnam plan to increase their investment in the country over the next 12 months. — Photo courtesy of Samsung

Results have revealed companies in Vietnam are confident revenue will hit a five-year high, with almost half saying they are “very confident”. Đinh Thị Quỳnh Vân, PwC Vietnam General Director said: “Amid anticipated pressure from increased challenges to cross border activities, Vietnam is holding on to its momentum for continuous growth with business leaders’ confidence boosted with uplifted optimism, and the economy continues to attract investments not only from overseas but also from its expanding domestic force.”

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