collapse

Author Topic: Why investors leaving Philippines for Vietnam 2018  (Read 181 times)

0 Members and 1 Guest are viewing this topic.

Offline Qu Đơn

  • Hero Member
  • *****
  • Posts: 5436
  • Karma: +26/-14
Why investors leaving Philippines for Vietnam 2018
« on: February 07, 2018, 07:48:23 PM »
http://news.abs-cbn.com/business/02/02/18/why-some-investors-choose-vietnam-over-philippines

MANILA - Some foreign investors choose Vietnam over the Philippines due to concerns over infrastructure and ease of doing business, a European trade group said Friday.

The Philippines and Vietnam lead Southeast Asia in terms of economic growth and are expanding at clips that challenge China and India.

The Philippines has competitively priced and available skilled labor but it needs to improve its infrastructure and make customs regulations more business-friendly, European Chamber of Commerce of the Philippines president Guenter Taus said.

"If you look at the figures and the rise of Vietnam, there’s certainly more investments coming in to Vietnam than to the Philippines," Taus said.

"We’re way off, away from everyone. The typhoon, geopolitical issues, and relations of EU to the Philippines in comparison with other countries, if you look at the level of corruption and state infrastructure if you factor all of these in, we are certainly at the lower end of the choice for people to come in," he said.

Taus is scheduled to visit Vietnam next week to "compare notes."

"I want to understand what do they do different, we’ll do some shopping around to understand what the underlying issues are, what do they do better than we do,” he said.

Earlier, EU Ambassador to the Philippines Franz Jessen said European businessmen were on a "wait and see" when it comes to investing to the country.

 
Name: Email:
Verification:
Type the letters shown in the picture
Listen to the letters / Request another image
Type the letters shown in the picture:
What is the most common last name in VN?:

* Recent Posts

how are these attractions for tourists to Philippines? by Selurong
[Today at 12:43:43 AM]


The Moral and Intellectual Bankruptcy of the Thai Middle Class by ngjm95
[Yesterday at 07:33:04 PM]


I'm beginning to see Indonesia as a inspiration. by ngjm95
[Yesterday at 07:11:18 PM]


Are Vietnamese the most interesting Southeast Asians? by Selurong
[Yesterday at 06:47:20 PM]


They came here as refugees. Now the U.S. may be deporting some Vietnamese nation by ngjm95
[Yesterday at 06:37:58 PM]


This is one lucky dude! by UniFy
[Yesterday at 05:56:56 PM]


Every Vietnamese should buy this T shirt to avoid hate crime by Qu Đơn
[Yesterday at 05:23:35 PM]


My birthday is coming up, what should I eat? by Qu Đơn
[Yesterday at 05:03:45 PM]


LIME girls are both cute and hot by Qu Đơn
[Yesterday at 04:52:45 PM]


Vice News Goes to Vietnam To Meet Them Musikal Arkitects by Qu Đơn
[Yesterday at 01:59:10 PM]


The Chinese in Taiwan can go to hell by Qu Đơn
[Yesterday at 01:55:22 PM]


Tristan Do, the confused Vietnamese Thai French Soccer Player by Qu Đơn
[Yesterday at 01:39:19 PM]


Abandoning Chinese Scripts for Quoc Ngu was the best decision ever!!! by Qu Đơn
[Yesterday at 01:35:04 PM]


FORGET MEXICO. THE US IS BEING FLOODED WITH ILLEGAL DRUGS BY CHINA by JA DU ( transracial)
[Yesterday at 12:48:12 PM]


Triads are the main supplier of drugs in South East Asia.. by JA DU ( transracial)
[Yesterday at 12:39:47 PM]


NIỆM KHÚC CUỐI by gaden
[Yesterday at 12:34:54 PM]


Does these guys look vietnamese to you? by gaden
[Yesterday at 12:09:11 PM]


Vietnamese Female Military Parade by gaden
[Yesterday at 12:04:04 PM]


List of VPOP Songs With Over 100 Million Views by gaden
[Yesterday at 11:49:59 AM]


They've found another turtle in Xuan Khanh Lake by gaden
[Yesterday at 10:26:24 AM]


Vietnam Hotel Lures Tourists with Infinity Pool Trick by lalapaluza
[Yesterday at 08:23:46 AM]


HomeGoods Now Carry Zombie Boxwoods by lalapaluza
[Yesterday at 08:21:59 AM]


Half of civil service to be slashed by convoy
[Yesterday at 04:01:14 AM]


Why Chinese Cyber Army Always Hide Behind Western Names? by Qu Đơn
[Yesterday at 12:34:46 AM]


Why is the foreign minister of Taiwan named "Joseph"? by Qu Đơn
[Yesterday at 12:29:48 AM]

* News Feeds