Manufacturing in China has been the synonym for production in Asia for a few decades. However, things are changing. Influenced by China’s increased labor cost, complicated political environment, and strict anti-Covid policy, many multinational companies, including Samsung, Toshiba, Foxconn, Nike, Adidas, Lego, and Hasbro, have either already moved or are planning to move at least part of their manufacturing lines from China to Vietnam. So compared with China, what are Vietnam’s competitive advantages and disadvantages. Will Vietnam become the next global manufacturing hub? In this video, I will discuss these questions with you.
10 июл 2024