HO CHI MINH CITY -- European industrial park builder CTP plans to invest $1 billion in Vietnam, responding to factory clients that are moving from China and seeking space in the Southeast Asian country.
CTP believes ASEAN member is 'most preferred' by businesses for production outside China
A groundbreaking ceremony of the Trump International luxury residential development and golf courses in Hung Yen, also a candidate site for a CTP industrial park, in northern Vietnam, on May 21. © Reuters
HO CHI MINH CITY -- European industrial park builder CTP plans to invest $1 billion in Vietnam, responding to factory clients that are moving from China and seeking space in the Southeast Asian country.