Despite the ongoing trade tensions between major economies, and the pandemic, supply chain shifts of Japanese investors are still taking place, mostly in the form of specifically targeted production expansions, with Vietnam being one of the prioritised destinations.

Despite short-term difficulties, the prospects for industrial park stocks will increase after the COVID-19 pandemic is over, driven by the relocation of global firms to diversify supply chains, with many picking Vietnam as their destination.

VOV.VN - Vietnam’s economic growth rate in 2021 is anticipated to reach between 6% and 6.5%, according to a resolution adopted during the Government's recent monthly meeting for August.

VOV.VN - A number of Australian firms have chosen the nation as a destination for investment, with the impact of the novel coronavirus (COVID-19) pandemic causing a supply chain diversification, thus leading to a number of traditional markets being replaced.

Prime Minister Nguyen Xuan Phuc on September 7 held a dialogue with Japanese economic groups and businesses interested in expanding investment in Vietnam.

VOV.VN - The industrial production index has risen only 2.2% during the first eight months due to the COVID-19 pandemic, recording the lowest growth over the past eight years, according to figures recently released by the General Statistics Office.

VOV.VN - Aside from enjoying preferential tariffs brought about by the European-Vietnam Free Trade Agreement (EVFTA), local steel firms have been advised to update their technologies and meet rules on product origin in order to make inroads into the EU.

VOV.VN - Prime Minister Nguyen Xuan Phuc has approved a plan to implement the European-Vietnam Free Trade Agreement (EVFTA), which originally came into force on August 1.

VOV.VN - Vietnam is expected to attract 15 Japanese firms of different sizes that will receive Japanese government’s subsidies to shift manufacturing plants out of China to diversify its supply chain.