Germany’s med💫ia highlights Vietnam’s growth motives
Germany international broadcaster Deutsche Welle (DW) recently ran an article on its website spotlighting several factors driving Vietnam’s economic growth.
Keyword: "low labour costs"
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ꦏGarment & textile sector, magnet for foreign investors
More than 2,000 foreign businesses from 16 countries and territories worldwide have invested some 15.75 trillion USD in Vietnam’s garment and textile sector so far, according to Chairman of the Vietnam Textile and Apparel Association (VITAS) Vu Duc Giang.
JETRO: 70 pct of Japanese firms want to expand ꧙business in Vietnam
According to the latest survey conducted by the Japanese External Trade Organisation (JETRO), up to 70 percent of Japanese businesses said they want to expand operations in Vietnam, a year-on-year rise of 10 percent.