100 billion making it an important

In 2023, Vietnam’s electronic product exports surpassed USD 100 billion, making it an important electronics manufacturing hub in Southeast Asia, second only to China. In addition, Vietnam has actively introduced emerging industries such as electric vehicle manufacturing and new energy technologies, accumulating energy for future economic growth. For high-value-added products, developed country markets are the most important consumer terminals. In recent years, Western countries, particularly the U.S., have frequently imposed sanctions on environmental and labor condition grounds. In 2024, the U.S. once again refused to recognize Vietnam’s market economy status. To enhance its position in the industrial chain and further enter developed country markets, Vietnam has no choice but to align itself with the higher standards set by the CPTPP. สล็อต