Vietnam’s bright economic outlook remains a pull factor for foreign investors.

VinaCapital led a consortium to obtain a significant minority stake along with a board seat in the Thu Cuc hospital chain.

Vietnam should be prepared for a new wave of FDI inflows after the Covid-19 medical issue is resolved, which could be in around one year from now, said CEO of VinaCapital Don Lam.

The economy could expect a boom in private consumption in the post-pandemic period, ranging from tourism, shopping, catering services, to healthcare, said an expert.

With nearly US$83 billion of foreign exchange reserves, the State Bank of Vietnam has more than enough reserves to comfortably meet redemptions.

Over 80% of CEOs taking part in a survey noted Covid-19 would have a negative impact on their business this year.

Favorable conditions in 2020 are expected to help facilitate the elevation of Vietnam’s stock market classification from a “Frontier Market” market to an “Emerging Market” by MSCI.