Emerging Asian economies are taking advantage of their late-developer status to increase their economic power through massive investments in EVs.
Vietnam
The South China Sea will remain unpredictable in 2024. But momentum has shifted in favor of the Southeast Asian claimants.
Pursuing a proactive but principled approach could successfully safeguard Vietnamese sovereignty while avoiding the scourge of war.
Vietnam needs to improve its energy, training, and soft infrastructure for its economy to grow by at least 6% annually for the rest of this decade.
To become the next Asian tiger, Vietnam will need to overcome its overreliance on foreign innovation inputs.
The Barbie controversy is as much about the purchasing power of Chinese consumers as it is about the Communist Party.
Vietnam’s hedging strategy toward the Belt and Road Initiative serves as a model for other Southeast Asian countries in managing relations with China.
The first VinFast EVs made in Vietnam have arrived in the U.S. But the brand has a long way to go to earn the confidence and trust of drivers.
Demographic change within Asia’s aging powers leads to rising investment in Asia’s growing states, enabling them to leverage competition between China, Japan, and South Korea.
Will Americans spend $45,000 on an all-electric SUV made in Vietnam? Vietnamese EV company Vinfast is betting billions on it.