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Vietnam

Chip Push

India's semiconductor push, spearheaded by Prime Minister Narendra Modi at meetings with American tech leaders, marks a pivotal moment in the country’s efforts to cement its position as a key player in the global supply chain.

Dim outlook for domestic auto component industry

Additionally, the MoIT called for favourable policies to draw more foreign investment into the domestic component industry to nurture its development. However, not all investments should be permitted, only those for home-market-oriented and ASEAN-market-oriented components.