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Vietnam's nation brand value up 11%

Vietnam's brand value rose by 11% this year, up from 388 billion USD to 431 billion USD, thanks to its growing investment attractiveness to foreign manufacturers, according to the leading brand valuation consultancy Brand Finance.
Vietnam's nation brand value up 11% ảnh 1Apparel Far Eastern's factory at the Vietnam-Singapore Industrial Park. (Photo: VNA)
Hanoi (VNS/VNA) - Vietnam's nation brand valuerose by 11% this year, up from 388 billion USD to 431 billion USD, thanksto its growing investment attractiveness to foreign manufacturers,according to the leading brand valuation consultancy Brand Finance.

Its value gain of 184 billion USD over the course of thepandemic was the world's highest gain in relative terms, up 74%against 2019, and the third highest gain in absolute terms.

"Vietnam has gained momentum as an attractive destination forforeign investment thanks to successful fiscal and monetary policies andinvestments in human capital, but also amid trade disruptions from China'slockdowns and continued tension between Beijing and Washington," saidBrand Finance.

Vietnam's national brand value is not a valuation of aggregatedVietnamese commercial brands, but rather, is a valuation of the brand of thecountry itself.

Vietnam got relatively high scores on agricultural ratings, socialmedia engagement, and the nation's response to COVID-19, which were the threedriving forces behind the increased valuation./.
VNA

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