Vietnam


Vietnam is one of Asia's fastest-developing countries, with annual growth averaging 7.5% over the past decade. With its entry to the WTO in January 2007, Vietnam’s attractive prospects drew international brands such as Canon, Sony, Panasonic, Toshiba, Samsung, TCL, LG and Foxconn to set up manufacturing and assembly facilities in the country. At the end of 2007, Vietnam saw foreign direct investments in the electronics and IT manufacturing sector totaling US$10 billion and this is expected to achieve an annual growth rate of 20 – 30% by 2010.
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