(Photo: baodautu.vn)

International organizations, foreign businesses, and foreign newspapers have been upbeat about Vietnam’s economic recovery and growth. According to a recent survey by the American Chamber of Commerce in Vietnam, 80% of 2,550 businesses and investors surveyed were optimistic or very optimistic about Vietnam’s medium- and long-term prospects.

Macro-economic stability, controlled inflation, and a strong revival of export-import revenues persuaded Standard Chartered Bank to predict a 7% annual export growth to 535 billion USD in 2030. Michele Wee, CEO of Standard Chartered Vietnam, credited Vietnam’s high-quality labor force, preferential policies for foreign direct investment, and deeper integration in the global economy via a plethora of free trade agreements for Vietnam’s increased exports and value chains in all sectors.

Morocco’s “Le reporter” newspaper said Vietnam continues to be an attractive destination for foreign investors, who have poured 26 billion USD into 18 Vietnamese sectors so far this year. Manufacturing alone has attracted 14 billion USD, which means Vietnam is likely to emerge as one of the world’s leading manufacturing centers.