Illustrative image (Source: VNA)Hanoi (VNA) – Vietnam and the Southeast Asian region have managed to maintain economic stability and growth despite COVID-19 and the Russia-Ukraine conflict, according to experts. With global supply chain adjustments, Vietnam boasts the advantages needed to tap into opportunities from the supply chain shift. Due to supply chain disruptions and severe delivery delays for key components in the global electronics industry during the pandemic outbreak, electronics companies are increasingly diversifying supply chains to Southeast Asia. Mick Aw, senior adviser at Moore Stephens, said that Southeast Asian countries are increasingly playing a more important role in the global supply chain as businesses move away from China after the pandemic. For Vietnam, the Central Institute for Economic Management (CIEM) gave two scenarios for economic growth in 2022.


Source:   Viet Nam News
August 13, 2022 12:59 UTC