Hanoi (VNA) – Vietnam has been appraised for its successfuldevelopment model thanks to impressive economic growth and radical reform toattract investment, particularly after the country joined APEC forum in 1998,said PhD Arisman, director of the Centre for Southeast Asian Studies (CSEAS).
In an interview with Jakarta-based Vietnam News Agency correspondent, hepraised Vietnam’s meticulous preparation for APEC 2017 events with the mostimportant APEC 2017 Economic Leaders’ Week in Da Nang city.
He said that this is an opportunity for Vietnam to popularise national imagesas well as promote socio-economic development.
Meanwhile, Kim Sang Yeol, Vietnamese honourable Consul General inGwangju-Chonnam region, the Republic of Korea, made positive comments onVietnam’s socio-economic development after more than 30 years of Doi Moi(reform) as well as expressed his belief in the Southeast Asian country’seconomic potentials.
Kim, who is also General Director of Hoban Construction Co., Ltd and Presidentof the Korean Broadcasting System (KBS), highlighted that Vietnam is apromising market which offers favourable conditions for foreign investorsincluding those from the RoK to enlarge their business.
Shang Feng, a lecturer from China’s University of International Business andEconomics, noted opportunities of Vietnam, the host of the APEC 2017 events,include rapid economic development, abundance of workforce, competitive labourcosts and sound business climate.
However, its formidable challenges are poor infrastructure system, shortage ofskillful workers and incomplete economic institution reforms, he said. -VNA