"The pace of growth in Viet Nam's retail market continues to present opportunities to retailers and manufacturers of fast-moving consumer goods (FMCG) alike as the sector expands," said C&W's report. — Photo thitruongdautu

HA NOI (VNS) — Viet Nam continues to grow as a manufacturing hub, climbing to first place on Cushman & Wakefield's 2014 Growth Index, a ranking of the top 15 manufacturing locations by growth in emerging markets.

Cushman & Wakefield, a private real estate services firm from NYC, works in 60 countries around the world and publishes a yearly report, Where in the World?, providing data about the global real estate market.

"The pace of growth in Viet Nam's retail market continues to present opportunities to retailers and manufacturers of fast-moving consumer goods (FMCG) alike as the sector expands," said C&W's report.

In C&W's ranking of the top 30 locations by manufacturing output, Malaysia ranked first, followed by Malaysia, Taiwan, mainland China and the US and Republic of Korea. — VNS