Transportation Investment Identified as Key for Vietnam’s Economic Growth
Despite Vietnam’s spectacular economic growth, the country’s transportation infrastructure is still considered to be behind many other developing nations. The Vietnamese government is responded to this need by creating a nationwide connectivity project, the...
Foxconn and VinFast to Explore Partnership on Electric Vehicles
Foxconn, the world’s largest assembler of consumer electronics, has started discussions with Vingroup, the largest conglomerate in Vietnam, related to collaborating in the fast-growing area of electrical vehicles (EVs). According to Reuters, Foxconn has proposed...
Foreign Players Target Vietnam’s Growing Retail Market
Vietnam boasts one of the most dynamic retail markets in the world. According to the General Statistics Office of Vietnam, the total retail sales of consumer goods and services increased by 2.6% in 2020, compared to 2019 levels, growing by more than USD 11 billion. It...