Mutual Prosperity
In 2019, TCL, a Chinese consumer electronics company, began to build its new manufacturing base in Viet Nam and brought its suppliers with it to the country. The new base has improved TCL’s production capacity with its products selling not only in Viet Nam but also to other markets in Southeast Asia and beyond.
In the first four months of 2022, the total foreign investment in Viet Nam surpassed $10.8 billion, up 88.3 percent year on year, according to its Ministry of Planning and Investment.
The country’s exports in the first quarter hit $88.58 billion, up 12.9 percent year on year, data
