Vietnam continues to be prime FDI destination, says economist

Vietnam has significantly outperformed its regional peers in attracting FDI since the US-China trade war emerged, but there were two potential risks to its future FDI inflows. — Viet Nam News

HO CHI MINH CITY: The global corporate minimum tax (CMT) system is unlikely to impede Vietnam’s foreign direct investment (FDI) inflows, given that those incentives are not the primary attraction for setting up a business in Vietnam, Michael Kokalari, chief economist at investment fund VinaCapital, says.

In his latest analysis, he said FDI had been one of Vietnam’s most important economic growth drivers over the last decade.