International media: Vietnam a reliable destination for investors post-COVID-19

The international media has continuously lauded Vietnam for its successful containment of COVID-19, making it a reliable destination for investors seeking to resume production.

Illustrative image (Photo: VNA)
Illustrative image (Photo: VNA)

Canada’s Globalnews.ca quoted advisors to foreign corporations as saying Vietnam’s success in the fight against COVID-19 has helped improve confidence among investors. “After proclaiming success in containing the coronavirus, Vietnam is positioning itself as a safe place to do business,” it wrote.

Thailand’s Bangkok Post said that while most Southeast Asian stocks fell during low-volume trade on May 6, Vietnam’s market jumped more than 2%, its best session in more than a month.

The international media has also highlighted the recovery in certain sectors of Vietnam’s economy. Japan’s Nikkei Asian Review carried the news that Apple will produce 3 million to 4 million AirPod wireless earphones, constituting 30% of total production, in Vietnam in the second quarter.

In tourism, TTG Asia has published survey results revealing that up to 45 percent of Chinese tourists want to visit Vietnam on their first foreign trip of 2020.

Regarding its successful COVID-19 response, The Economist magazine has published an article mentioning Vietnam’s simple and low-cost measures, notably strictcontact tracing and quarantining thousands of suspected cases.