Illustrative image (Source: VNA)Warrick Cleine, Chairman andCEO of KPMG in Vietnam and Cambodia, said Vietnam has secured macro-economicand social stability, a strength for the country to attract foreign investmentand recover growth in many areas, especially when most of business leaders andinvestors are always attracted by a safe and predictable investment andbusiness environment.
Apart from other advantages, economicgrowth stories and the interaction between the Government and the domestic andforeign business communities will also encourage business leaders and investorsto access the market, he noted.
Predicting the recoveryprogress of the Vietnamese economy, Alain Cany, Chairman of the EuropeanChamber of Commerce (EuroCham) in the country, held that thanks to solidfundamental factors, the economy will revive gradually in at least the next sixmonths before the growth pace becomes stronger in the latter half of 2022.
Some sectors have stillbenefited from the outbreaks such as e-commerce, which posted a growth rate of18 percent and revenue of over 11 billion USD in 2020 and is forecast to continueenjoying breakthrough expansion this year.
Besides, the free tradeagreements that Vietnam has joined are also expected to facilitate productionand export activities in many industries like seafood, coffee, apparel, footwear,and mechanical equipment, Cany said.
Truong Gia Binh, Vice Chairmanof the advisory council for reforming administrative procedures, head of theresearch committee for developing of the private economic sector, and Chairman ofthe FPT Group, said since the Government changed the anti-COVID-19 policy inOctober, the economy has reopened quickly.
The Government is planning anew relief package to help with economic recovery, and it has also been applyingtechnology to put the pandemic under control, he noted, adding that moremeasures, including using artificial intelligence and technology, will be takento quickly control the situation and shore up the economy./.
VNA
