Reformed Vietnam a big draw.

FOREIGN investments; SKILLED labor; VIETNAMESE economy, 1975-; FINANCIAL liberalization; WORLD Trade Organization; ECONOMIC reform

The article reports that Vietnam has become a favored destination for foreign investors. Businesses are flocking to the country, drawn by its cheap, skilled labor force and a developing economy that's grown more than 7% a year since 2000. Vietnam started opening its economy in the late 1980s. In January 2007, Vietnam's entry into the World Trade Organization brought a slew of market reforms that make it easier for foreign entrants.