Even as Apple and others move suppliers in, the boom has its skeptics.

An electric vehicle factory in Haiphong, Vietnam. Nick Ut/Getty Images
By LAM LE
2 NOVEMBER 2022 • HANOI, VIETNAM

The coastal port of Haiphong, Vietnam, used to be famous for aromatic noodle dishes and organized crime. Nowadays, it’s better known as a burgeoning industrial region, where electronics makers set up shop to escape the crowded south. Optimism abounds in a place like this. “We don’t just sell land, we sell the future,” Hoang Vinh Tuan, a manager at real estate developer Deep C Industrial Zones, told Rest of World.
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