Foreign firms eye Vietnam

Positive growth: A vendor serving noodles in a market in Pleiku. Vietnam is becoming an attractive destination for FDIs in the global production shift. — Bloomberg

HANOI: As several foreign investors are eyeing Vietnam for opportunities, the country must make greater efforts to improve the investment climate.

Many enterprises from countries such as the United Kingdom, South Korea and Japan say Vietnam is an attractive investment destination, given the country’s stable macro-economy, rapid growth and large market with a rising middle class.