Foreign direct investment
It is only when these issues are addressed that private stakeholders will be ready to invest.
It may take just five to six years for Vietnam to surpass Singapore.
The region is poised to maintain its strong and steady economic progress with 2018 growth rates averaging 5.3 percent.
The Communist state’s rapid growth over the past decade is mostly due to its move away from a strict controlled economy to a more liberal system.
International investment policies need better coordination, and the G20 is the best forum to facilitate this process.