Vietnam is waking from its slumber. The Vietnamese economy, frozen for the past decade after a bubble burst, has been thawing since 2011, mainly due to rapidly increasing foreign direct investment. Samsung Electronics has chosen Vietnam as its new overseas smart phone production base to replace China. Under the second Doi Mo reforms, Vietnam now faces the challenge of cultivating a full range of industries from raw materials to finished goods. Will Vietnam’s dreams be fulfilled?
1. Vietnam Stands at a Critical Juncture: Remain a Subcontracting Base or Pursue Economic Resilience? (Park Bun-soon)
2. Lured by Geographic Advantages and Financial Incentives, Foreign Investors Rush to Vietnam (Park Kyung-duk)
3. Vietnam’s Financial Market Stabilizes after Liberalization and Restructuring, Sustainable Growth Depends on Local Companies (Yoon Hang-jin)
- Source: Cover Story, Chindia Plus Quarterly Summer 2014 VOL.15