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One IBC and stories "Dream for the greatest Vietnam."
Instalment 1: To warmly greet the foreign "giant" to Vietnam

Updated time: 12 Mar, 2021, 11:55 (UTC+08:00)

According to the Nikkei Asia, in 2021, the economies of Southeast Asian countries in general, and Vietnam in particular are aiming for a strong growth again after Covid-19 pandemic

Accordingly, Vietnam is expected to continue to lead in economic growth in Southeast Asia. By 2020, despite of having implemented two goals: economic recovery and development, try to achieve the highest growth rate; and actively preventing and combating epidemics, Vietnam still got 2.9% in GDP thanks to its success in disease prevention as well as a strong export of electronic products and consumer goods, continues to strive. is fighting for a 6.5% growth target this year.

From successes, pride is noted

From successes, pride is noted

At the meetings on development investment, creating all conditions for businesses to operate with leaders of provinces and cities, Prime Minister Nguyen Xuan Phuc always emphasized the image of Vietnamese environment is dynamic and open business to attract more giants (big companies) to Vietnam.

The report Nation Brands 2020 of Brand Finance recently showed: “Vietnam has the fastest growing national brand value in the world when it increases 29% over the previous year, to 319 billion USD. The ranking also improved rapidly from 42 to 33 on Brand Finance's list of 100 most valuable national brands.

Businesses understand that the economy with a population of nearly 100 million has the largest market opening in the world. Therefore, with the modern and constantly developing economy, product brands of Vietnam increasingly dominate the international market. Over the years, Vietnamese businesses and corporations have always been aware of the important role of brands as the key to increasing product value and corporate reputation, enhancing competitiveness and asserting its position, compared to many other countries.

Besides that, Vietnam is also one of the most dynamic countries in the world, an attractive investment destination for all partners around the globe. Thanks to the labor force with production capacity and high technology level, Vietnamese people are industrious, intelligent, always learning to attract investment from manufacturers and improve the value chain. According to World Bank documents, since October 2020, more than 30 companies have moved production out of China after the US-China trade war, of which about 23 have moved to Vietnam for production supply chain development. The two leading US technology companies, Microsoft and Google, bring their new devices from China to new manufacturing plants in Vietnam. Not to mention, Samsung Electronics Group has also transferred two high-end assembly lines for Galaxy G20 and Z Flip products to Vietnam.

Most recently, the 2021 Economic Freedom Index has just announced, for the first time, Vietnam's economy has entered the group of "moderately free" economies, up 2.9 points and increases 15 places compared to 2020. Vietnam is considered a bright spot thanks to the outstanding increase in the national brand name and the socio-economic results achieved in the past year. 

The story about “A good land, the bird will come” 

The story about “A good land, the bird will come” 

Another good news comes when Vietnam is up 3 places compared to 2020, ranking 8th in the top 10 countries in the list of the 2021 Emerging Market Logistics Index. According to Agility, Vietnam is the most successful country globally in dealing with Covid-19. Vietnam's 3-rank increase to 8th is the fastest ever and replaces Thailand in the top 10. According to the forecast of the logistics industry in Vietnam, by 2025, the proportion of contribution GDP reaches 5-6%, logistics costs drop to 16-20% of GDP, ranked by the national logistics capacity index (LPI) in the world reaching 50 or more.

Vietnamese people have a very good saying: "A good land, the bird will come”. The reason for having outstanding numbers is that, in addition to stories about "good land", the state's favorable conditions in improving legal regulations and open procedures have helped the financial situation. The country is flourishing. Many experts said, the rank of Vietnam will increase even more if in the coming time, many giants will go to Vietnam.

According to the leadership representative of One IBC Company - a very prestigious enterprise and many years in the field of establishing foreign businesses, optimistic: “Vietnam is opening up a lot of potentials and opportunities for foreign businesses invest, many services for foreign businessmen to exploit, with many advantages over many other countries such as: low cost of setting up companies, supporting policies on the position Young population, skilled labors, and rapid economic development ... are particularly attractive factors, creating an image of a dynamic Vietnam and an ideal business destination. and great in Asia.

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