Vietnam's economy continues to be stable and rapidly growing, and it has become one of the countries with the fastest economic development in Asia. It is also one of the developing countries in the world with stable national economic growth. Infrastructure projects such as housing construction, highway facilities, and power stations are constantly being launched, and there is also a new wave of construction of private residences. Products such as lighting, wires and cables produced by Chinese companies have considerable price and quality advantages, and they have seized geographical advantages. At present, there is no relatively unified lighting, wire and cable market in Vietnam. Enterprise investment in these types of products is scattered, production technology is backward, product research and development capabilities are insufficient, and market quotations are generally weak. Products in the Vietnamese lighting and wire and cable market still need to be imported to meet the demand
