Le Nouveau Dragon

As Vietnamese conglomerates like VinFast (electric vehicles) and VNG (tech) go global, they are shedding the image of "cheap." They are branding themselves as craftsmanship and resilience .

For decades, the world of economics was obsessed with the "Asian Tigers"—Hong Kong, Singapore, South Korea, and Taiwan. Then came the "Giant Dragon," China, whose meteoric rise redefined global manufacturing. But as labor costs rise in the Pearl River Delta and geopolitical tensions fracture supply chains, a pressing question echoes through boardrooms in Paris, New York, and Tokyo: Who is Le Nouveau Dragon? le nouveau dragon

To understand Le Nouveau Dragon , one must look at the raw data. Over the last decade, Vietnam’s GDP growth has averaged between 6-7%, one of the highest rates globally. But growth alone does not a dragon make. It is the composition of that growth that matters. But as labor costs rise in the Pearl

A dragon needs fire. For an economy, fire is human capital. Vietnam has a golden population structure: 60% of the population is under 35 years old. But growth alone does not a dragon make