Vietnam's Attractiveness to Investors in ASEAN

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18 Questions

What is the main reason why Vietnam is being chosen by investors among other ASEAN countries?

Low labor costs and cultural similarity to China

Which sector attracted the largest share of Vietnam's total FDI in 2019?

Processing and manufacturing sector

What was the main reason why Apple announced plans to start trial production of AirPods in Vietnam?

To avoid the cost of tariffs imposed on China by the US

What is the World Bank's expectation for FDI in Vietnam in 2020?

FDI will continue to rise in 2020

What is the main challenge that the Vietnamese government needs to address to further attract FDI?

Better integrating into the global supply chain and improving the skills of the labor force

According to the World Bank's 2020 Ease of Doing Business ranking, what was Vietnam's global ranking?

70th

What is driving the increasing import of coal by India and Southeast Asia?

Greater use of electricity

Which region is predicted by the International Energy Agency (IEA) to experience a 4.6% rise in coal-powered generation?

India

What percentage of the Australian GDP is made up by the service sector?

62.7%

Which country was the top investor in Vietnam in 2019?

South Korea

How much was the increase in FDI projects in Vietnam in 2019 compared to the previous year?

$3.1bn

What factor has benefitted Vietnam according to Extract B?

US-China trade war

Which of the following countries ranked highest in the 2020 ranking?

New Zealand

What is the main reason for the EU-Vietnam trade agreement?

To remove virtually all customs duties between the EU and Vietnam over the next ten years

Which of the following products does the EU mainly import from Vietnam?

Telecommunications equipment, clothing and food products

What is one of the main export products of the EU to Vietnam?

Machinery and transport equipment

Which of the following Southeast Asian countries ranked highest in the 2020 ranking?

Malaysia

What is the EU-Vietnam trade agreement described as?

The most modern and ambitious agreement ever concluded between the EU and a developing country

Learn about why investors are choosing Vietnam over other ASEAN countries, including cultural similarities to China, low labor costs, and pro-investment policies. Explore the reasons behind Apple's decision to start trial production of AirPods in Vietnam and the expected rise in foreign direct investment (FDI) in the country.

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