Why a carmaker bought a grocery franchise in Vietnam

Odd partnership highlights a trade rule since scrapped by the TPP and EU deal

20210910 Super Market vietnam

© EPA/Jiji

LIEN HOANG, Nikkei staff writer

HO CHI MINH CITY -- It sounds like the setup for a Vietnamese riddle: Why did the car company buy the supermarket? But instead of a punchline, the answer reveals a common yet obscure aspect of foreign investment in Vietnam.

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