TOKYO — Vietnam, one of the hardest-hit countries by U.S. tariffs, said it needs major restructuring to become more “autonomous” and called on private investment to be its growth driver.
Nguyen Chi Dung, Vietnamese Deputy Prime Minister, said on Friday that his country would “accelerate the re-structurization of Vietnam economy” to be more “autonomous and multifaceted of the supply chain” to counter the effects of recent U.S. tariffs. Among other reforms, Dung said he will foster more investment from the private sector as “one of the most important drivers” to lead the country’s growth.
