The move would help create a driving force for economic growth across the three pillars of investment, exports and consumption.

The country's policies to support growth would help Vietnam counter the global headwinds in 2023 and maintain a high growth rate.

As early as 2023, a growing number of global intra-Asian multinationals are looking to either expand or make new investments in the country.

Vietnam’s diversified network of free trade agreements with major economic powers remains the country’s competitive edge in attracting investors.

The high complementary nature of the two economies has laid the foundation for both to significantly boost economic, trade, and investment cooperation over the years.

Vietnam remains a favorite destination for foreign firms seeking to shield from a combination of geopolitical tensions, rising operational costs thanks to the country’s strong economic performance in recent years.

Singapore remained the largest investor in Vietnam during the four months with US$3.1 billion, or 28.8% of the total.

Deputy Prime Minister Le Minh Khai called for the South Korean bank to continue expanding investment activities in Vietnam beyond the banking sector.

The reopening of the borders, the government's active support for investors, and the resilience of domestic firms would open up a promising future for the industrial property market in 2022 and subsequent years.