{"product_id":"vietnams-industrialization-ambitions-le-hong-hiep-9789814843416","title":"Vietnam's Industrialization Ambitions: The Case of Vingroup and the Automotive Industry","description":"\u003cp\u003eVietnam has officially admitted its failure to achieve industrialized economy status by 2020. This failure is partly due to its inability to grow a strong local manufacturing base and develop key strategic industries. \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003eThe participation of Vingroup, the country's largest private conglomerate, in the automotive industry has sparked new hopes for Vietnam's industrialization drive. The company, through its subsidiary Vinfast, aims to become a leading automaker in Southeast Asia with an annual capacity of 500,000 units and a localization ratio of 60 per cent by 2025. \u003cp\u003e\u003c\/p\u003eChallenges that Vinfast faces include its unproven track record in the industry; the limited size of the national car market; the lack of infrastructure to support car usage in Vietnam; the intense competition from foreign brands; and its initial reliance on imported technologies and know-hows.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Le Hong Hiep\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 9814843415\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9789814843416\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Iseas - Yusof Ishak Institute\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 01\/31\/2019\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 28\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback","brand":"Le Hong Hiep","offers":[{"title":"Paperback","offer_id":48623372173567,"sku":"9789814843416","price":11.0,"currency_code":"USD","in_stock":false}],"url":"https:\/\/www.whiterainbookhouse.com\/products\/vietnams-industrialization-ambitions-le-hong-hiep-9789814843416","provider":"WR Book House","version":"1.0","type":"link"}