High-tech success resting on investment
08:00 | 17/04/2021
Nguyen Hai Minh - Vice chairman, European Chamber of Commerce in Vietnam
For this reason, many European enterprises â including those in EuroChamâs active Digital Sector Committee â have decided to base their operations here to take advantage of Vietnamâs infrastructure, labour force, and future growth potential.
The EU-Vietnam Free Trade Agreement (EVFTA) should increase Vietnamâs potential in the high-tech market. This landmark agreement will further liberalise the countryâs service sector and open up new industries to European investment and innovation. This, in turn, will increase not just capital flows but also â perhaps more importantly â international experience and knowledge-transfer from high-tech European companies to their partners in Vietnam.