Could Vietnam be ASEAN's next leading electric vehicle hub?
HONG KONG, June 5, 2023 /PRNewswire/ -- ASEAN Member States are sending clear signals that they are ready to embrace the myriad of opportunities of developing a regional electric vehicle (EV) supply chain for the global automotive ecosystem. Of these nations, Vietnam is in a unique position compared to other traditional automotive markets, as the growth of EVs has created a level playing field for new entrants in the industry (production, manufacturing and sales). This comes as the domestic economy expands its influence within the ASEAN. In 2022, the country retained its title as Southeast Asi...