(Source: Tech Wire Asia | 24 August 2016)
Foreign direct investors have been flocking to Vietnam due to a fast-growing retail industry driven by the electronics sector, as growth in their own home countries have slowed.
Vietnam welcomed an estimated US$13 billion of newly registered capital,according to the VnExpress, in the first half of this year, up 1.5 times from 2015. Retail accounted for nearly 40 percent of total deals in the country since last year.
It is also beginning to establish itself as a major manufacturing hub for electronic goods – in terms of foreign direct investment (FDI), Vietnam ranks fourth behind India, China, and Indonesia. Altogether, the four APAC countries have a combined FDI value of US$320 billion.