The Hanoi Times – According to the new ranking by AT Kearney, Vietnam has overcome Brazil, Mexico and Sri Lanka in the field of providing informatics contracts. The top of this list are India, China, Malaysia and Thailand.

AT Kearney’s Global Business has recently published the ranking of 50 countries and territories that are the most attractive to investors in the world, based on the factors stimulating and attracting foreign companies, in which Vietnam has exceeded nine entrance level and become one of the top 10 in the list.

According to the new ranking by AT Kearney, Vietnam has overcome Brazil, Mexico and Sri Lanka in the field of providing informatics contracts. The top of this list are India, China, Malaysia and Thailand.

According AT Kearney, Vietnam has improved the ratings due to the current explosion of information technology (IT), and the outstanding point is that IT Luxoft Company (Russian company) has just opened a center in Ho Chi Minh City with the main purpose of providing informatics services.

AT Kearney said that the report may bring changes to Vietnam that has been known through strong exportation of goods such as rice, coffee, rubber and so on.

Mr. Norbert Jorak, General Director of the Policy Council in AT Kearney’s Global Business, said that Vietnam is paid proper attention by foreign companies because its production cost is so low. He added that Vietnam has a “superb environment by low-cost labor and high profits”. If evaluating this aspect, Vietnam is in top 3 countries in the world.

He thought that a high ranking means that Vietnam will be the attractive business in the coming years, especially in the context of economic degradation that is still global threat in many countries worldwide.