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Vietnam's fundamentals point to robust medium-term outlook

Low labour costs, a skilled workforce, greater FDI inflows as well as China's economic transformation help make the country a compelling destination for manufacturers.

Over the past few years, Vietnam has witnessed rapid economic growth on the back of strong manufacturing, growing exports and rising inflow of foreign direct investment.

SINGAPORE and Vietnam commemorated their close ties last week at the 20th anniversary of the Vietnam-Singapore Industrial Park (VSIP). Two memoranda of understanding were inked to potentially expand the size of the current VSIP by 20 per cent.

During Vietnamese President Tran Dai Quang's