Vietnam was one of the few Asian countries that did not experience an economic contraction during the coronavirus pandemic in 2020 and 2021. This year,Vietnam's GDP is expected to grow by around 5.5%, according to the World Bank.
Vietnam's economic performance during and after the pandemic has captured the attention of some major European firms.
German automotive supplier Brose, which has 11 factories in China, is currently deciding between Thailand and Vietnam for a new production location.
Read more at:
Why more European firms are choosing Vietnam over China | Asia | An in-depth look at news from across the continent | DW | 08.06.2022
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