Vietnam featured by French broadcaster as emerging global manufacturing hub
Titled “Made in Vietnam: le nouvel atelier du monde” (Made in Vietnam: The new workshop of the world”, the report highlighted the country’s rapid industrial transformation.
A scene from TF1’s report shows the outskirts of Hanoi, described as the “industrial Champs-Élysées of northern Vietnam.” (Photo: VNA)
Paris (VNA) – French broadca𒁃ster TF1 aired a nearly four-minute feature on April 7, spotlighting Vietnam as a rising destination 🥃for global investment.
Titled “Made in Vietnam: le nouvel atelier du monde” (Made in Vietnam: The new workshop of the world”, the report highlighted the country’s rapid industrial transformation.
Produced by a TF1 crew on the ground in Vietnam, the segment focused on the country's northern region that has swiftly evolved from an agricultural region into a high-tech industrial centre. Areas near Hanoi and Hai Phong are now dotted with modern factories, many replacing wetlands and rice fields, prompting locals to describe the changes as complete and fast.
According to the report, Vietnam's competitive labour costs and tax incentives have drawn major foreign investors. Samsung of the Republic of Korea has already poured 18 billion EUR (19.7 billion USD) into facilities in the suburbs of Hanoi, turning the area into a strategic manufacturing base.
French firms are also expanding, including a semiconductor company planning to hire 200 workers within three years. Meanwhile, Pegatron, an Apple and Tesla supplier, has invested 500 million EUR in a new plant, aiming to employ 20,000 workers.
The report noted that over 100 multinational companies now operate in Vietnam, fueling one of Asia’s fastest-growing economies. It concluded by describing Vietnam, with a population of 100 million, as a potential new “Asian dragon” in global manufacturing./.
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