How Long to Read Vietnam’s Industrialization Ambitions

How Long Does it Take to Read Vietnam’s Industrialization Ambitions?

It takes the average reader and 28 minutes to read Vietnam’s Industrialization Ambitions by Le Hong Hiep

Assuming a reading speed of 250 words per minute. Learn more

Description

Vietnam has officially admitted its failure to achieve industrialized economy status by 2020. This failure is partly due to its inability to grow a strong local manufacturing base and develop key strategic industries. The participation of Vingroup, the country’s largest private conglomerate, in the automotive industry has sparked new hopes for Vietnam’s industrialization drive. The company, through its subsidiary Vinfast, aims to become a leading automaker in Southeast Asia with an annual capacity of 500,000 units and a localization ratio of 60 per cent by 2025. Challenges that Vinfast faces include its unproven track record in the industry; the limited size of the national car market; the lack of infrastructure to support car usage in Vietnam; the intense competition from foreign brands; and its initial reliance on imported technologies and know-hows. However, Vinfast enjoys certain advantages in the domestic market, including the large potential of the Vietnamese automotive market; its freedom as a new automaker to define its business strategies without having to deal with legacy issues; Vingroup’s sound business and financial performance and its ecosystem; strong support from the Vietnamese government; and nationalist sentiments that will encourage certain Vietnamese customers to choose its products. If Vinfast is successful, it will boost Vietnam’s GDP growth and reinvent the country’s automotive industry. Its success will also contribute significantly to the realization of Vietnam’s industrialization ambitions and bring private actors into the centre stage of the economy. If the company fails, however, it will cause considerable problems for both Vingroup and the Vietnamese economy.

How long is Vietnam’s Industrialization Ambitions?

Vietnam’s Industrialization Ambitions by Le Hong Hiep is 28 pages long, and a total of 7,224 words.

This makes it 9% the length of the average book. It also has 9% more words than the average book.

How Long Does it Take to Read Vietnam’s Industrialization Ambitions Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 39 minutes to read Vietnam’s Industrialization Ambitions aloud.

What Reading Level is Vietnam’s Industrialization Ambitions?

Vietnam’s Industrialization Ambitions is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Vietnam’s Industrialization Ambitions?

Vietnam’s Industrialization Ambitions by Le Hong Hiep is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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