Hanoi, May 12 -- Dr. Frederic Neumann, Chief Asia Economist at HSBC and Yun Liu, Senior ASEAN Economist at HSBC said, in a year with tariffs dominating the news headlines, Viet Nam saw record-high trade.
While it may be tempting to attribute this to front-loading effects when exporters rushed to ship goods, Viet Nam's cemented position in global electronics trade came to the rescue after the front-loading effect had faded.
This did not come overnight, rather it is thanks to consistent efforts to attract quality foreign direct investment (FDI), improve the business environment, and move up the value chain.
HSBC highlighted that over a third of Viet Nam's exports are electronic products. It now plays a bigger role in final electronics asse...