Titled “Made in Vietnam: le nouvel atelier du monde” (Made in Vietnam: The new workshop of the world”, the report highlighted the country’s rapid industrial transformation.
Vietnam has the potential to become a manufacturing hub in the region this year, especially in fields involving technology, as global companies have expressed interest in expanding operations in the country.
Despite Vietnam’s steady economic growth in the first half, the job market has not shown signs of recovery, according to an update released by payroll, recruitment and HR outsourcing agency Adecco Vietnam.
US President Joe Biden's visit to Vietnam last month seems to have ushered in a new era of expanded economic links between the two countries, said Japan’s Nikkei Asia, adding that a fourth boom of foreign investment in Vietnam may be in the making.
An article recently posted on digitimes.com.tw, a media outlet of Taiwan (China), has said despite a year full of challenges in 2021, the Vietnamese economy has not been hampered by supply chains disruptions but sustains its positive outlook and stature as a global manufacturing hub in 2022.
Vietnam continues to grow as a manufacturing hub, climbing to first place on Cushman & Wakefield's 2014 Growth Index, a ranking of the top 15 manufacturing locations by growth in emerging markets.
