(VOVWORLD) - The Malay Mail newspaper foresees growth opportunities for Vietnam with the Asia-Pacific Economic Cooperation (APEC).
According to a recent article, Vietnam’s GDP is 200 billion USD and its labor costs are lower than those of China and other ASEAN countries, which enables Vietnam to lure more foreign direct investment (FDI) and expand exports. Vietnam’s GDP is expected to grow 6.8% in 2017. The newspaper praised Vietnam for harmonizing economic growth with cultural development, social advancement, and environmental protection.