Emigrate: Amazing Vietnam now being praised by its resident expats
![]() |
Vietnam's winning in the fight against the coronavirus is said to thanks to early measures |
Given the devastating effect on the world economy caused by the pandemic, it’s no surprise that Vietnam’s speedy recovery including zero deaths is causing pundits to project an economic revival way ahead of those in the rest of Southeast Asia. As a result, foreign investment is expected to flood into the country whilst other neighbouring states are still struggling with infection and lockdowns. The country is now promoting itself as a safe destination for manufacturers looking to move their supply chains from China.
One Vietnamese manufacturer of ready-to-go factories told local media the concept is popular with Korean and Japanese investors, adding he expects a post-pandemic demand from investors from Western nations looking to make up for lost time. International relocation advisers are already noting increased confidence in the country by major foreign investors, adding the government will be happy to help manufacturers looking to secure new production premises.
Even before the pandemic began, Vietnam was the success story in Southeast Asia, raging ahead of its neighbouring states in attracting China-based companies escaping from the US/China trade wars and rising labour costs. In addition, the new EU/Vietnam Free Trade Agreement is now encouraging Western investment. Obviously, revenue from tourism has been affected by the pandemic, but the increasing numbers of incoming expats now moving to the country from other SEA states are picking up at least some of the slack for smaller businesses.
Amazingly, Vietnam is projecting its annual GDP growth for this year at above five per cent – an unheard of prediction in a global economy threatened by a deep recession. However, whilst expatriate professionals across SEA and the rest of the world are rushing back to the home country, those established in Vietnam are more than happy to stay exactly where they are and contribute to this amazing country’s continued success in the very near future.
Earlier, Emigrate reported that many expats had decided to stay in Vietnam as they feel safer than at home. They have decided to stay rather than risking infection in their own countries, with some actually cancelling flights due to their confidence in Vietnam’s response to the pandemic.
According to statistic from Vietnamese General Department of Tourism, only 11 foreigners ‘stranded’ due to the COVID-19 want to leave Vietnam.
![]() | US couple: Vietnamese are very friendly, as long as you wear mask and not being careless “If you were seen in the streets not wearing a mask, the locals would let you know how irresponsible that is,” the couple said in ... |
![]() | Foreigners decide to stay in Vietnam amid COVID-19 as they feel safer than at home Vietnam’s hard work in convincing everyone it’s a safe destination amongst Southeast Asian chaos seems now to have borne fruit as the country announces its ... |
![]() | London-based newspaper compares Vietnam and UK in COVID-19 fight Vietnam has managed to contain the outbreak of coronavirus through having the early foresight to hit hard and hit early against the pandemic, London-based newspaper ... |
Most read
In topics

A Japanese decides to retire early to visit Vietnam 10 times a year to unknown areas
Recommended

1,000 Women in Traditional Ao Dai Form Vietnam Map at Hoan Kiem Lake

"Enduring Passion" Award Spreads Spirit of Perseverance and Dedication to Vietnam Youth

Embassy Supports Vietnamese people in Northwest Cambodia

Vietnam Marks Significant Milestones in Gender Equality
Popular article

Good Neighbors Vietnam Assists Students to Pursue their Aspiration

Enhancing Digital Skills of Vietnam's Disadvantaged Youth

Former American Soldier and the Violin’s Echo at Son My Memorial
