After proclaiming success in containing the coronavirus, Vietnam is positioning itself as a safe place to do business, capitalizing on demand from international manufacturers looking to diversify their supply chains away from China.
Vietnam has reported a relatively small 288 cases and zero deaths, putting the Southeast Asian country on course to revive its economy much sooner than most others, according to public health experts interviewed by Reuters. “Given its fast response to the virus, we expect foreign investment to pour in to Vietnam after the pandemic,” Kizuna Joint Development Corp, which builds ready-to-go factories in Vietnam, told Reuters in a statement.