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The world’s economic centre of gravity is shifting back to Asia

Today, it seems clear that the world’s economic centre of gravity is shifting back to Asia. Vietnam is ideally located. It has a long coastline with many ports and shares a border with southern China, and is thus close to large metropolitan and economic hubs such as Hong Kong, Shenzhen and Guangzhou. Vietnam’s geographic position is one of its many assets and has encouraged firms to massively invest in the country. More importantly, Vietnam has indisputably a strong growth potential. In fact, according to PricewaterhouseCoopers it has a potential growth rate of almost 10 percent per annum in real dollar terms that could push the country up to around 70% of the size of the UK economy by 2050. Over the last few years, the country has successfully strengthened its global economic positioning and its stock index has performed extremely well. Vietnam has succeeded in curbing inflation and increasing exports which clearly suggests that it is in a strong position to continue its march toward full economic development. Vietnam has an abundance of low-wage labour and a young and bright population. If you want to invest in Vietnam, Anh Thomas Investment is the way to go.

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