What are the reasons that the world's leading technology corporation chose Vietnam as its "second home"?
Technology giants and investors around the world conduct thorough research before signing cooperation agreements, and many other large corporations will choose Vietnam as their “second home”.
Because, for Vietnam, the main attraction is a very attractive business environment with an increasingly improved administrative system, a secure and safe country, with high-quality human resources that meet the needs of investors.
Besides, Vietnam is a country with remarkable growth in economic development during nearly 40 years of renovation, having overcome many crises to have a stable developing country like today. If comparing Vietnam's economy through each stage from the beginning of renovation, we will see breakthrough changes, leaving behind backward things, approaching the achievements of science, technology and engineering of the world for development.
Here are some examples of figures to demonstrate the remarkable progress, such as the size of the economy reaching about 430 billion USD in 2023, ranking 35th in the world, an increase of more than 95 times compared to 1986. In 2023, Vietnam's trade balance will have a surplus for the 8th consecutive year with an estimated surplus of 26 billion USD, nearly 3 times higher than in 2022.
Vietnamese goods, agricultural products, seafood, and wooden products are present in many markets across 5 continents. With the 11th position in the list of 15 largest exporting countries in the world, it is enough to convince for the success of the Vietnamese economy in the current period. Not to mention, along with technology corporations, investors from many other fields have set foot in Vietnam, investing capital to do business with trust in safety and efficiency.
Vietnam has many prospects in economic development, because in recent times, Vietnam has promoted economic cooperation with many countries, opening up more opportunities for domestic goods to reach new markets.
And a very strong transformation is taking place, that is, Vietnam is entering the "Era of Rising", implementing drastic reforms, streamlining the apparatus, fighting waste, building a healthy business environment to attract investment, creating space for innovation, creativity and development.
