Vietnam's Industrialization Ambitions : the Case of Vingroup and the Automotive Industry.

Vietnam has officially admitted its failure to achieve industrialized economy status by 2020. This failure is partly due to its inability to grow a strong local manufacturing base and develop key strategic industries. The participation of Vingroup, the country's largest private conglomerate, in...

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Bibliographic Details
Main Author: Hiep, Le Hong
Format: Electronic eBook
Language:English
Published: SG : ISEAS - Yusof Ishak Institute, 2019.
Subjects:
Online Access: Full text (Wentworth users only)
Local Note:ProQuest Ebook Central
Description
Summary:Vietnam has officially admitted its failure to achieve industrialized economy status by 2020. This failure is partly due to its inability to grow a strong local manufacturing base and develop key strategic industries. The participation of Vingroup, the country's largest private conglomerate, in the automotive industry has sparked new hopes for Vietnam's industrialization drive. The company, through its subsidiary Vinfast, aims to become a leading automaker in Southeast Asia with an annual capacity of 500,000 units and a localization ratio of 60 per cent by 2025.
Physical Description:1 online resource (27 pages)
ISBN:9789814843423
9814843423
Source of Description, Etc. Note:Print version record.