On the back of sound economic growth, a continuing inflow of foreign direct investment and a healthy labour force, the industrial base in Vietnam has been steadily expanding over the past two decades, with export-orientated manufacturing playing a major role within the overall economy. The potential for manufacturing in Vietnam is much higher than it was just five years ago. Recently signed...
Industry
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Chapter | Industry & Retail from The Report: Vietnam 2017
After years of strong economic growth and surging foreign direct investment, Vietnam today is emerging as a key middle-income country in the South-east Asian political and economic sphere. A nation of ancient traditions with a youthful and energetic population, Vietnam is also moving through a period of additional economic reforms, while continuing to leverage its strategic location and strong international relations to further boost its rapidly growing overseas trade activity.
Articles & Analysis | New downstream capacity in Mexico can help reduce petrochemicals imports from The Report: Mexico 2017
The liberalisation of energy is set to open up vast opportunities in Mexico’s downstream petrochemicals segment. The 2016 commissioning of the Etileno XXI petrochemicals complex in Veracruz state, a $5.2bn joint venture between Brazil’s Braskem (75%) and Mexico’s Grupo Idesa (25%), was a crucial milestone for the much-delayed expansion of the...
Interviews & Viewpoints | Alexander W Wehr, President and CEO, BMW Mexico, Latin America and the Caribbean: Interview from The Report: Mexico 2017
Articles & Analysis | Consistent growth, trade diversification should boost Mexico's automotive industry from The Report: Mexico 2017
In January 2017 Ford Motors announced it would cancel its proposed $1.6bn investment in a new assembly plant for its Ford Focus model in the Mexican state of San Luis de Potosí (see analysis). International media reported that Mark Fields, CEO of Ford Motors, stated that the decision was based, in part, on the fact that falling demand for...
Articles & Analysis | Strong fundamentals in Mexico allow manufacturing sector to grow despite challenges from The Report: Mexico 2017
In 2016, as many other sectors of the economy experienced a slowdown, the Mexican manufacturing sector achieved annual growth of 1.3%. Since the enactment of the North American Free Trade Agreement (NAFTA) in 1994, the country has cemented itself as one of the world’s industrial powerhouses, providing parts and products for a range of...