European firms optimistic about Vietnam's business environment after social distancing

European firms optimistic about Vietnam's business environment after social distancing

Vietnam posted 18.3 percentage points in the Business Climate Index (BCI) in the third quarter of 2021 that was recently announced by the European Chamber of Commerce in Vietnam (EuroCham), a slight rise over the record low of 15 percentage points recorded in the most difficult time of the fourth wave of COVID-19 infections in September.
Longer-term FDI strategy in need of situational tweaks

Longer-term FDI strategy in need of situational tweaks

The pandemic is forcing a number of factories to either stop operations or pare down capacity, which has increased pessimism about the short-term outlook of Vietnam’s business environment.