Invest
Vietnam – the country can potentially benefit from US-China Trade War?
By Rolf Suey - Invest in Yourself  •  May 25, 2019

Which country can benefit from the trade war?Definitely not Singapore. We are very dependent on trade of these two countries and it’s going to be disruptive to our economy. But one country that can benefit is Vietnam. Background of Vietnam Vietnam is a country that is very similar to China few decades ago. It is a communist country gradually being more and more open. They are very friendly to foreign investors. People are getting more and more educated. Labour force is still extremely competitive in the manufacturing sector, with GDP per capita in Vietnam is fairly low at 2.6KUSD p.a., from 100 million population. Vietnam’s economy grew consistently 6-7% yearly in the last decade or so. Nominal GDP of Vietnam reached ~250 BUSD end 2018. Vietnam's Foreign Direct Investment (FDI) is between 3-4 BUSD and not exceed 5 BUSD in the last decade. There is definitely enough rooms to...
Read the full article
By Rolf Suey - Invest in Yourself
I am a Singaporean, born in the late 1970s experiencing mid-life career crisis at time of writing this blog. One reason to start blogging at an older age, is to break my own comfort zone. While it can be considered late, it is "Better Late Than Never" ...
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance