Vietnam’s business climate degraded in World Bank’s ranking
Survey result released by World Bank shows that Vietnam ranked 70th out of 190 economies on business climate this year. New Zealand tops the list.
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Vietnam could enjoy 2020 GDP growth at 6.3% with declining M&A deal value at $1.7 billion from $2.6 billion in 2019, according to Baker McKenzie’s latest report.
With a growth rate of 34 percent, or $10.9 billion, Vietnam has jumped from 12th to 7th among the leading suppliers to the US market.
Vietnam received total FDI pledges at $29.1 billion during 10-month period, up 4.3% compared to the same period of 2018, Ministry of Planning and Investment said on Friday report.
Survey result released by World Bank shows that Vietnam ranked 70th out of 190 economies on business climate this year. New Zealand tops the list.
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