VN enters Top 20 best countries to invest in 2019

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Viet Nam surpassed its Southeast Asian neighbors including Malaysia, Indonesia, and Singapore to rank eighth, massively boosting its 23rd position last year.

Fuelled by continuous growth, Viet Nam continues to attract record foreign direct investment (FDI) volumes, bolstered by its committed to roll out an ambitious investment plan to develop overall infrastructure in major industrial poles, which will ease doing business and improve logistics. All these factors helped the country improve its ranking tremendously year by year.

U.S. News & World Report's ranking is the results of a global perception-based survey and ranks countries based on the highest scores among nearly 7,000 business decision-makers on a compilation of eight equally weighted country attributes including corruption, dynamism, economic stability, entrepreneurship, tax environment, innovation, skilled labor force, and technological expertise.

This year, Uruguay led the ranking, followed by Saudi Arabia, Costa Rica, Luxembourg, India, Poland, and Qatar./. 

By Kim Loan