Asia Connect
Vietnam logistics hot with foreign investors
US$1.1 billion fund, other firms attracted to emerging global manufacturing hub
Nguyen Tuong Thuy
24 Jan 2022
Vietnam’s geographical location, skilled and relatively inexpensive workforce, rising middle class, rapid e-commerce adoption, growing manufacturing sector, and intergovernmental projects aimed at boosting its connectivity within the Association of Southeast Asian Nations ( Asean ) bloc by 2050 have made its logistics market a hot destination for investment by foreign companies, particularly Asian ones.