Fitch Solutions has forecast that Vietnam's automotive market will remain robust in 2020, as an improved credit outlook and declining vehicle prices all support higher vehicle demand.

The enhancement of SOE privatization would benefit both the local stock market and enterprises.

It is projected that FDI and remittance inflows to Vietnam would also weaken this year due to the global economic slowdown, providing less support to VND.

Global Infrastructure Hub estimated that Vietnam needs to invest US$110 billion between 2021 and 2025 for infrastructure.

Vietnam, with its young demographic, growing incomes and large population, is considered a hugely promising market for retailers.

If Vietnam continues to contain the Covid-19 epidemic at its current level or better, the country will improve further its already-impressive FDI attraction.

The fears of coronavirus have clouded prospects for the global economy and caused difficulties for Vietnam's stock market.