Vietnam has continued to maintain the third rank in the list of
countries with potential for doing business in the mid-term (three
years) this year after China and India. According to a survey by Japan
Bank for International Cooperation, this is the second year Vietnam has
secured this rank. The country has advantages in low labor cost, market
growth potential and political stability. It is also a good base for
exporting goods to other countries. However, the survey also points out
shortcomings that affect the business environment in Vietnam, including
poor infrastructure, shortage of qualified managers, undeveloped
supporting industries, and incomplete and unclear legal system.