Vietnam's Trade Diversification Falls Short of Reducing Import Dependence: Domestic Firm Capacity Key
Economy

Vietnam's Trade Diversification Falls Short of Reducing Import Dependence: Domestic Firm Capacity Key

Despite Vietnam's efforts to diversify trade partners and sign numerous FTAs, the nation remains heavily reliant on imports, particularly from China. Experts point to the limited capacity of domestic enterprises as the root cause, rendering policy reforms and agreements insufficient.

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