Vietnam's economy is experiencing significant growth, exceeding 8% last quarter, fueled by a boom in exports and a strategic bet on becoming a hub for Apple's smart home devices. This economic surge has also led to its promotion to emerging-market status by FTSE Russell, potentially attracting substantial new investment.
The country's rise is partly attributed to global supply chain shifts, where it has become a favored manufacturing location for major tech companies like Apple. This diversification away from China, coupled with Vietnam's increasing prod... download the app to read more
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