Vietnam is emerging as a key manufacturing hub, having become a leading destination for foreign direct investment in ASEAN over the past decade. As the first Analytical Note in our Trade Wind Series shows, Vietnam’s growing manufacturing capacity has allowed it to benefit from China’s declining and emerging sectors. A small AMRO staff team subsequently visited Ho Chi Minh City and Hanoi to undertake on-the-ground thematic research into factors underpinning the country’s ability to attract foreign investors and continue its development into a major supply chain node.

This next issue in the Trade Wind Series presents the key takeaways from staff’s discussions in Vietnam, which is that the country has the potential to become a global FDI and supply chain hub if appropriate measures and structural reforms are undertaken.