Vietnam has emerged as the new shining star of Asia and as the new export destination. Investors from countries like Korea, Japan and Singapore have been keen in setting up their manufacturing units here.
Given to its close proximity with China, favorable trade situations and low cost of Labor, Vietnam is no doubt recording an upsurge in its GDP since last few quarters. From fashion apparels to electronics, the country is steadily growing in its market share globally in all major key products. Vietnam also plans to move container business out of Ho Chi Minh City port which is already facing a lot of container load.