21 May 2019

 

Predictions

  • Government will seek increased foreign investment as part of major drive to expand domestic technology sector
  • Claims of “economic sabotage” by Western powers will help shore up nationalist support ahead of re-run of Istanbul mayoral election
  • Economic concerns and threat of sanctions will however likely force Government to adopt more conciliatory approach after 23 June

Analysis

The Prime Minister said on 9 May that the Government aims to double the number of domestic technology firms by 2030. This is part of a new “Make in Vietnam” campaign that encourages domestic innovation, so that local manufacturing firms can create and export more Vietnamese products, rather than assembling foreign goods as part of a larger supply chain and lessen the need for…

 

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