With the current upheaval taking place around the world due to the coronavirus pandemic, how can geopolitical frictions between the major powers impact nations like Vietnam that are looking to attract top investment?

Competitive prices, along with advantages in climate and natural resources, are helping Vietnamese second home and holiday properties become one of the hottest investment channels in the country. 

A series of favourable policies are expected to be issued by the government’s upcoming taskforce in the country’s bid to attract a new investment wave after the health crisis.

As Vietnam has emerged as an attractive option for companies seeking to diversify their manufacturing operations, industrial zone developers are planning to expand their land banks to welcome new investments heading to the country.

Given the government’s proposed spending cuts for overseas business trips and conferences, Vietnam should quickly adopting online investment promotion.

The fate of five of the 12 notorious loss-making projects remain uncertain because the Chinese contractors cannot be taken to court.

Recent analyses by the World Bank indicate that Vietnam will be one the few countries in the entire world to experience positive economic growth in 2020.

The COVID-19 outbreak is accelerating the shifting of corporate mindsets on diversifying from China and onboarding the trend of “make where you sell”.

Since the issuance of Vietnam’s Law on Foreign Investment in 1987 right after the doi moi policy was adopted, Vietnam has continuously revised its policies to keep improving the opportunities for international investors. 

The $1.386 billion added investment will help accelerate Long Son Petrochemical Complex that has fallen behind schedule.

Hefty sums found their way to Vietnamese e-wallets from diverse partners during the year, turning the segment into one of the investment hotspots.

As Vietnam has a fertile consumer finance market, more foreign players are considering joining the bandwagon by tying up with local peers.

The State Bank of Vietnam (SBV) has withdrawn the licences of the representative offices of Kookmin from South Korea and Commonwealth Bank of Australia.

Stark Corporation of Thailand has completed the purchase of 100 per cent equity in Thipha and Dong Viet Non-Ferrous & Plastic JSC for $240 million.

Ecological real estate is considered a safe investment channel amid the pandemic, meeting the demand for green living space and ensuring health safety for dwellers.

With the strides in opening its economy, Vietnam has improved its ranking to 105th on the 2020 Index of Economic Freedom by The Heritage Foundation.

Ho Chi Minh City sent a proposal to the relevant ministries to increase the investment capital and construction time for a component project of Metro Line No.2.

More than 3,000 overseas Vietnamese had invested VNĐ45 trillion (US$1.94 billion) as of the end of last year in HCM City, an official said at a meeting yesterday in the city.

While COVID-19 will have a negative impact on Vietnam's economic growth in 2020, it will boost the relocation of manufacturing facilities from China to Vietnam.

The local supporting industries have seen positive movements after Vietnam has more thoroughly embraced its diverse new-generation free trade agreements.