People walk out from a shop in Hanoi last month as Vietnam moves towards ending its shutdown last month.
“Given its fast response to the virus, we expect foreign investment to pour in to Vietnam after the pandemic,” Kizuna Joint Development Corp, which builds ready-to-go factories in Vietnam, told Reuters in a statement. Vietnam’s planning and investment ministry said the country was well positioned to assist manufacturers seeking new production bases.
Hanoi has made exceptions to the quarantine programme, including for nearly 200 engineers from Samsung Electronics’ display unit, and for foreign oil experts.“The government is being understandably cautious so, despite lots of smoke, there’s not much fire as it remains difficult for people to come in and sign deals or visit facilities,” said Samuel Pursch of Vriens & Partners, a consultancy advising foreign business in Vietnam.