Obambam
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in 1988 our inlfation rate was 600 %, now it's only 20% , that's so good already
but not good enough for the could be EU investors
Vietnam losing attraction: European business group — EUbusiness - legal, business and economic news from Europe and the EU
(HANOI) - Vietnam is losing its attraction as a regional investment destination because of trade restrictions, new regulatory burdens and economic instability, the European Chamber of Commerce said Thursday.
"European investors' confidence in Vietnam is going down," Alain Cany, chairman of EuroCham, told reporters at the launch of an annual review of trade and investment issues in Vietnam.
While the fast-growing nation was an investment priority five years ago, businesses are finding increasingly attractive options elsewhere, such as Indonesia, which is a larger market where the business climate has recently improved.
"We believe that Vietnam has its back against the wall," Cany said.