Communist Vietnam bets on Korean-style ‘chaebols’ to boost growth
AI Summary
Vietnam is prioritizing the development of domestic conglomerates modeled after Korean 'chaebols' to drive economic growth, moving beyond its traditional reliance on trade and foreign investment. This strategy aims to boost the country's long-term economic resilience and competitiveness.
Hanoi prioritises homegrown conglomerates after relying on trade and foreign investment