Post
Topic
Board Economics
Re: Vietnam GDP grows 8.02% in 2022; fastest expansion in 25 years
by
russselcarri
on 05/01/2023, 08:26:35 UTC
Vietnam has been growing quite well in the past few decades. It has somehow already transitioned from a largely agricultural country to agro-industrial, from poor to middle income. Manufacturing has been continuously expanding. Thanks to the large and cheap labor market, it has become a very good alternative to China. It has really stood up as a great investment country especially in Asia. Personally, I'm amazed that certain brands I really admire like Nike, Deuter, Columbia, Osprey, and others are now coming from Vietnam.
In the era of industrial iteration, Vietnam has indeed become a big production country. The extensive management method has made this country with a population of nearly 100 million people on the top of the world again. Of course, the development of other technology industries is relatively rapid. It is worth looking forward to one day being able to start a business in Vietnam.