A Japanese-invested firm in Vietnam (Photo: SGGP)

Singapore institute: Int’l trade, FDI turn VN into one of most open economies

Vietnam’s robust economic performance over the past three decades has been heavily dependent on exports and foreign direct investment (FDI), with foreign invested companies accounting for 67.8 percent of the country’s total export turnover in 2019, according to the Institute of Southeast Asian Studies (ISEAS) of Singapore.