Workers at a South Korean-invested enterprise in Vietnam. (Photo: VNA)
Workers at a South Korean-invested enterprise in Vietnam. (Photo: VNA)

The report highlighted Vietnam’s sustained positive GDP growth, strong foreign direct investment inflows, large population, and a young, skilled workforce as key advantages.

Vietnam also benefits from extensive free trade agreements, including the CPTPP and the EU-Vietnam Free Trade Agreement, making it an attractive base for companies serving regional or global markets.

The country’s key business hubs such as Ho Chi Minh City and Hanoi offer access to talent, infrastructure and international connectivity.

However, the site also pointed out that Vietnam needs to further streamline administrative procedures to fully establish itself as a strategic destination for global expansion