Vietnam Aims for South Korean-Style 'National Champions' to Accelerate Economic Growth
Economy

Vietnam Aims for South Korean-Style 'National Champions' to Accelerate Economic Growth

Vietnam's Communist Party has adopted a strategy to foster 'national champions,' globally competitive private conglomerates, aiming for annual GDP growth exceeding 10% by 2030, mirroring South Korea's chaebol model. Vingroup and FPT are among potential candidates.

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