This is the first edition of Access Asia Group’s monthly foreign investment bulletin for Vietnam. We aim to provide a monthly recap of pertinent news, updates and insights to share with our clients and other interested readers as the country ushers in a new period of investment and development following the prolonged Covid-19 pandemic. Consistently among the top performing economies in the world, Vietnam is currently seeing a notable increase of investment from multinational companies diversifying their supply chains outside of China, including tech giants Apple, Intel and Samsung. Meanwhile, strong domestic consumption and a resurgence of the tourism and […]
The world clapped when 2020 came to an end, but 2021 could not exactly be described as any better – and the supply-chain crisis that has been hard-baked into the mix, has added to the problems facing global business.
Shifts in regional supply chains that began as a trade war between the United States and China are being hastened this year by the coronavirus pandemic. Broadly speaking, this will result in slowdown in offshoring to China and a redistribution of manufacturing foreign direct investment (FDI) to the Association of Southeast Asian Nations (ASEAN).