The country offers an exceptional environment for the automotive industry — let’s look at a few of the reasons why.

 


With an annual growth in GDP of 6 to 7% — the world’s second fastest per capita since 1990 according to The Economist — Vietnam’s domestic consumer market has a proven track record of consistently improving and huge future potential.

Why is the country the natural choice for those in the automotive supply chain?

We do summarize some advantages ... 

Hanoi — Vietnam’s Ministry of Planning and Investment (MPI) is drawing up a report summing up 30 years of foreign direct investment (FDI) since approval of the national Law on Foreign Investment, looking back at the impact of opening the country’s doors to multinational companies.

Interesting article published in the South China Morning Post on 13 July 2017. One in five American businesses in Shanghai indicated in a survey that they are redirecting investments planned for China to other destinations, such as Southeast Asia, amid higher costs, fiercer domestic competition and a shortage of skilled workers.