Vietnam’s private sector is entering a defining period of transformation. In light of recent trade developments between the US and Vietnam, local SMEs face increasing competition from both cost-efficient Chinese producers and high-quality, tariff-free American imports.
In a recent interview with 𝗕𝗕𝗖 𝗡𝗲𝘄𝘀 𝗧𝗶𝗲̂́𝗻𝗴 𝗩𝗶𝗲̣̂𝘁, our CEO 𝗗𝗿. 𝗦𝘃𝗲𝗻 𝗗𝗮𝘃𝗶𝗱 highlighted the urgent need for:
- Strategic supply chain diversification
- Institutional resilience and policy clarity
- Investment in compliance, R&D, and digital infrastructure
“Vietnam must act now to avoid becoming a mere transit hub in someone else’s supply chain.” – Dr. Sven David
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