Vietnam continues developing as a high-tech hub, but must manage challenges.
January 05, 2023
Vietnam has long enjoyed large investment and interest from high-tech sectors, with Intel, Samsung, Canon and others featuring prominently in the country. Boeing has begun investing into Vietnam, and recently organized an aerospace forum in the rapidly developing country. This recent Vietnam Express article
discusses these investments. Many challenges and risks remain in the Vietnamese market, including, supporting industrial networks, professional skills development, and a difficult investment and business environment. Vietnam must actively focus on improving on these items to avoid the middle income trap.