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Investment in Vietnam more attractive than China (10/07)
06/08/2010 - 106 Lượt xem
PriceWaterhouseCoopers appraises 20 newly emerged markets based on the ‘bonus’ factors like production costs, market scale, tax, transport fees, import-export taxes and risky factors, which are mainly defined by risks on the stock market.
According to the survey, four newly emerged economies in the BRIC group, including Brazil, Russia, India and China, don’t take the leading position in drawing investment in production and service.
In terms of production, Vietnam takes the lead with 50% of products sold in the domestic market and the remaining 50% exported, followed by China, Poland, Chile, Malaysia, Thailand, India, South Africa, Hungary, and Arab Saudi. According to the survey, the Vietnamese market has highly competitive production costs, but risks are also high.
Ian Coleman, Director of newly emerged markets of PriceWaterhouseCoopers, said: “India and China are surly big markets but Vietnam and China are now important rivals”.
For services, the United Arab Emirates is the most attractive, followed by Arab Saudi, the Republic of Korea, the Czech Republic, Hungary, Poland, Russia, Chile, Kazakhstan and Malaysia. India ranks the 18th due to limitation from the selling of services into this market.
Source: Times, Dan Tri
