Vietnam leads South-East Asia in attracting long-term investors: Survey

Vietnam is currently the third pillar in the South-East Asian startup golden triangle, along with Singapore and Indonesia. — moit.gov.vn

HANOI: Vietnam is leading the way in attracting long-term investors in South-East Asia, Xinhua quoted a Vietnam News Agency report on Wednesday (June 5), citing a survey by Bain & Company.

Investors believe that investment activities in Vietnam will increase by 83 per cent in the 2025-2030 period, said the report.

Vietnam is currently the third pole in the South-East Asian start-up golden triangle, along with Singapore and Indonesia.

The country also has the perfect combination of leading technology talent and an existing innovation culture, which is highly attractive for global investors, the Vietnam News Agency reported.

Vietnam currently has about 3,800 start-ups. Among them, 11 are valued at over US$100 million and three are valued at over US$1 billion, including Momo, VNG and VNLife. - Bernama-Xinhua