A stroll through the newest shopping mall in Ho Chi Minh City proves that there has recently been a sweeping transformation in the Vietnamese retail sector. Only some years ago shopping in large modern shopping malls was limited, and much of the demand for inexpensive, Asian-manufactured goods was focused around smaller, traditional retail...
With the signing a series of free trade agreements (FTA), Vietnam’s textile and garment sector will see a host of new business opportunities as well as new challenges as competition among regional producers heats up. It is crucial that the industry continues to attract orders; it has been a major revenue generator for the country’s economy,...
On the back of sound economic growth, a continuing inflow of foreign direct investment (FDI) 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...
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...
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...
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...
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