Strong growth potential and low-cost labor supply continues to make Vietnam the most promising Asian investment destination in 2020 for Japanese firms, with India and Southeast Asian countries dominating other top spots.
Located about 60 kilometres from Hanoi, Ha Nam province has become a favourable alternative investment destination for foreign businesses shifting their manufacturing plants from China to Vietnam this year.
The north central province of Nghe An promoted its advantages to potential investors at a conference in Ho Chi Minh City on September 20.
Vietnam has become an attractive destination for foreign investors largely due to the country's policies encouraging foreign direct investment (FDI), its political stability and strong economic growth, according to the latest report of JLL real estate services firm.
Vietnam will continue to see more M&A deals in the time to come, according to JLL Vietnam.