Vietnam’s relationship with big tech is at a crossroads

Quick Summary:

Vietnam's role as a manufacturing hub is straining due to infrastructure and labor force limitations amid growing foreign investment.

Vietnam may be quickly outgrowing its role in the global tech industry as the attractive manufacturing sidepiece to China.

Vietnam was ranked 43rd on the World Bank Logistic Performance Index in 2023, down from 39th place in 2018 at the onset of trade tensions between China and the US.

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Article Details

Author / Journalist: Bloomberg

Category: Business

Markets: IndiaChinaIndonesiaNorth KoreaMalaysiaOmanSingaporeVietnam

Topics: Supply chains Foreign investment Meta Platforms Vietnam Big tech Apple Inc.

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-14 @ 09:36:28 (8 hours ago)

News Timezone: GMT +8:00

News Source URL: economictimes.indiatimes.com

Language: English

Article Length: 1632 words

Reading Time: 10 minutes read

Sentences: 49 lines

Sentence Length: 34 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Economic Times

News ID: 23030168

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About Economic Times

Main Topics: Business

Official Website: economictimes.indiatimes.com

Update Frequency: 3 posts per day

Year Established: 1961

Headquarters: India

News Last Updated: 4 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #84

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