Vietnam’s Double-Digit Growth Powered By Strong Manufacturing
Vietnam’s GDP grew by 13.67% in Q3, the highest rate over the same period since 2011.
Vietnam’s GDP grew by 13.67% in Q3, the highest rate over the same period since 2011.
In a year when the rest of the world was in deep recessions, Vietnam has delivered one of the highest growth rates.
Hana Micron’s big investment in chip production is good news for Vietnam’s growing semiconductor industry, but there are still some challenges to overcome.
Vietnam’s F&B manufacturing expanded by 5% in 2020, according to Oxford Economics. This mirrors the growth of the overall Vietnamese economy.
Southeast Asian countries have had a strong manufacturing foundation for decades. But somehow, some parts of the region still lag in digital transformation.