(VOVWORLD) - Reuters news agency analysed the factors that turn Vietnam into a sci-tech hub on an article published on February 1, examining the Communist Party of Vietnam (CPV)’s goal for 2045.
 Vietnam's 13th National Party Congress (Photo: Tri Dung/VNA) |
With more than a dozen free trade agreements now under its belt, Vietnam is looking to expand and diversify its export markets, Reuters quoted the Party blueprint as saying.
Reuters cited the CPV’s economic development blueprint for Vietnam in the next five years, which would boost its role as a manufacturing hub for global giants like Samsung and Intel. At the same time, the Party hopes to raise Vietnam’s profile beyond a low-cost labor source. Vietnam will shift its foreign investment focus from quantity to quality, with an eye on environmental risks, Reuters said.