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Spirethoughts

Spire's six most recent Spirethoughts.

Soybeans set to reap from global health movement
Global disruption of PPE supply chain
Demand for Masks is 10x production capacity
Asia’s demand for Air Purifiers increases as air quality worsens
APAC Silver Tsunami: Ageing Market worth US$4.56 trillion by 2025
Asian Flavours gain popularity

Vietnam Drives the Fast Lane

Growing at an annual rate of 20% to 30%, Vietnam’s automotive sector is the fourth largest contributor to the country’s GDP.

The Vietnamese government supported the automotive industry by introducing incentive policies for auto parts manufacturing and removing import tariffs for auto parts and accessories.

Strategically located in ASEAN for procuring raw materials and supply, with 13 Free Trade Agreements (FTAs) and skilled, low-cost labour, Vietnam has become an attractive market for investment.

Should OEMs move ASEAN auto parts manufacturing to Vietnam?

Find out more at our LIVE WEBINAR on 28 July, 2.30 PM SGT. Register now!


For media enquiries, please contact:

Marie Teo
Manager, Group Marketing Communications
Spire Research and Consulting
Phone: (65) 6838 5355
E-mail: marie.teo@spireresearch.com

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