Making cars and smartphones, Vietnam moves to top ASEAN countries
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03/02/2021
14:44
GMT+7
Vietnam’s industry has seen the fastest upward movement in ranking in global competitiveness among Southeast Asian countries, coming closer to the top 4 ASEAN countries.
Vietnam now can manufacture cars
The representative of a large manufacturing enterprise said previously the firm mostly worked as a contractor for construction works. But leaders understand that the enterprise needs to shift to production for sustainable development.
“That is why we have established a series of production companies, cooperating with foreign partners and using the most advanced technologies to make products bearing Vietnamese brands,” he said, adding that products have been selling well in Vietnam and will be exported.