Mexico’s growth model could lead to same mistakes in Vietnam: experts

vietnamnet 15/06/2019    08:00 GMT+7

Vietnam is following an export-based growth model, striving to become a production base for multinational groups.

Experts from VEPR, however, have warned that Vietnam may not be able to improve domestic industry capacity.

Mexico’s growth model could lead to same mistakes in Vietnam: experts

Vietnam has emerged as a global production base which specializes in assembling. The manufacturing and processing industries made up 42 percent and 40 percent of export value, respectively, in 2017, compared with 11 percent and 41 percent in 2006.

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