Vietnam's Attractiveness to Investors in ASEAN
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Questions and Answers

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

  • Lack of pro-investment policies and global supply chain integration
  • Low labor costs and cultural similarity to China (correct)
  • High taxes and poor infrastructure
  • High labor costs and anti-investment policies
  • Which sector attracted the largest share of Vietnam's total FDI in 2019?

  • Real estate sector
  • Service sector
  • Agricultural sector
  • Processing and manufacturing sector (correct)
  • What was the main reason why Apple announced plans to start trial production of AirPods in Vietnam?

  • To improve the skills of the labor force in Vietnam
  • To avoid the cost of tariffs imposed on China by the US (correct)
  • To better integrate Vietnam into the global supply chain
  • To take advantage of the vast land available for industrial use in the Central Region
  • What is the World Bank's expectation for FDI in Vietnam in 2020?

    <p>FDI will continue to rise in 2020</p> Signup and view all the answers

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

    <p>Better integrating into the global supply chain and improving the skills of the labor force</p> Signup and view all the answers

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

    <p>70th</p> Signup and view all the answers

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

    <p>Greater use of electricity</p> Signup and view all the answers

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

    <p>India</p> Signup and view all the answers

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

    <p>62.7%</p> Signup and view all the answers

    Which country was the top investor in Vietnam in 2019?

    <p>South Korea</p> Signup and view all the answers

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

    <p>$3.1bn</p> Signup and view all the answers

    What factor has benefitted Vietnam according to Extract B?

    <p>US-China trade war</p> Signup and view all the answers

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

    <p>New Zealand</p> Signup and view all the answers

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

    <p>To remove virtually all customs duties between the EU and Vietnam over the next ten years</p> Signup and view all the answers

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

    <p>Telecommunications equipment, clothing and food products</p> Signup and view all the answers

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

    <p>Machinery and transport equipment</p> Signup and view all the answers

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

    <p>Malaysia</p> Signup and view all the answers

    What is the EU-Vietnam trade agreement described as?

    <p>The most modern and ambitious agreement ever concluded between the EU and a developing country</p> Signup and view all the answers

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