Vietnam ascends the value chain
Vietnam is one of today’s most sought-after destinations for companies looking to move production to Southeast Asia. The country achieved this by integrating into the global economy and by liberalizing its domestic business and investment policies.
While Vietnam initially established itself as a profitable place to manufacture low-tech consumer goods, textiles and footwear for export, it is moving into more sophisticated sectors with complex supply chains, like high-end fashion, pharmaceuticals, automotives and high-tech industries.
What businesses are best positioned to set up production in Vietnam for the global market?
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