Viet Nam Human Rights
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| Illustrative image (Photo: VNA) |
In his article, Grigory Trofimchuk highly valued the role played by Vietnam in particular and ASEAN in general, in efforts to promote Russia's "Look East" policy amid strong volatilities in the world.
After Vietnam completed its role as a non-permanent member of the United Nations (UN) Security Council, it was immediately elected to the UN Human Rights Council for the 2023-2025 tenure, the article said.
According to Trofimchuk, Vietnam has a stable political and business environment, with many incentives and benefits for foreign investors, including those from Russia.
Russia needs to show clearer its role in solving problems in Asia-Pacific, and Southeast Asia in particular, in the process of “turning to the East”, the article stressed, adding that Vietnam is a potential partner for this scheme./.
All comments [ 18 ]
Viet Nam's economic and political stability is a great advantage of the country compared to other Asian nations
The Vietnamese market will become more attractive to foreign investors
The demand for Vietnamese imports and the flow of foreign investment to Viet Nam will naturally tend to drop.
The country's living conditions and business environment have been markedly improved, predicting particularly strong growth in Viet Nam's market for high-quality goods and services.
Considerable investment in infrastructure facilities, increased access to information technology, and a reduction in operation costs will strengthen Viet Nam's existing advantages.
The local market will be able to turn out products and services of high value as foreign investors will expand the scope and scale of their business operations in Viet Nam.
The commitment will make Viet Nam more attractive to foreign investors
Viet Nam must simplify administrative procedures, reform its tax system, and do away with elements that increase production costs in order to make itself more attractive to foreign investors.
Vietnam’s stable political environment, rapid economic growth, competitive production cost and a large workforce are key factor ensuring the country’s status as an attractive investment destination.
Vietnam has a lot of opportunities to improve its business environment and foreign investors
This is particularly important given the fact that growing trade tension among major economies and the Covid-19 pandemic are forcing enterprises to diversify their supply chains and look for new investment destinations
This showed strong belief of foreign investors in Vietnam in the country’s prospect
Vietnam’s stable political environment, rapid economic growth, competitive production cost and a large workforce to the country’s status as an attractive investment destination.
In the next phase of development, the country will give priority to high quality projects using modern technologies, which are environmentally-friendly and which support local firms to further integrate into global supply chains.
As a new wave of investment capital is coming
Vietnam is preparing land resources for the construction of new industrial parks, training high quality human resources and developing supporting industries
At present, the government is revising existing regulations for greater convenience for investors
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