File pic shows a garment factory in Vietnam. Vietnam will strive to achieve a gross domestic product (GDP) growth of about 6.5% in 2021, higher than the target of 6% earlier assigned by its top legislature.
HANOI: Vietnam's success in curbing the coronavirus so far, while its Southeast Asia neighbours struggle, is helping the country power ahead in economic growth and attracting funds, foreign investors, experts and analysts say.
Its strength in containing the pandemic saw it build on the foundations of two free trade agreements signed in 2020, also outpacing peers in luring manufacturers moving production out of China because of the Beijing-Washington trade war. Vietnam was one of the world's few countries to record growth last year - well down on 2019, but still a 2.9% expansion.
Limited time offer:
Just RM5 per month.
