According to experts, Việt Nam is being welcomed as a new production link in Asia, playing an increasingly important role in the global smart manufacturing chain thanks in part to its natural resources. Việt Nam is one of the few countries in the world to have vast rare earth reserves – an important raw material in semiconductor chip production. Those reserves are 22 million tonnes, ranking second only to China. Thanks to this advantage several leading corporations in the semiconductor industry such as those from the US, Europe, China, Japan and South Korea plan to carry out a series of joint ventures and direct investment projects.
Vietnam in Race to Attract New Generation Invesment
