Viva_Viet
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Yes. Its time for US to have a better relatuionship wt VN. VN can replace CN to become manufacturing base . Even CN part suppliers also move to VN, willing to help VN making good quality and resonable price products.that’s probably why I haven’t really seen them because they’ve been named something else.
AT&T is really big so that’s a good contract to have.
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Chinese Suppliers Are Moving To Vietnam
Want proof Vietnam is the next big thing in Asia? Look at what domestic manufacturers in the area are doing. Chinese manufacturers are on the lookout for lower labor costs, and they're able to save as much as 2/3rds by shifting manufacturing to Vietnam. If you've dealt with a Chinese manufacturer in the last ten years, there's a chance they've started producing in Vietnam and moving part of their operations there.
The larger your Chinese supplier is - the more likely they've outsourced some of their production to Vietnam. Many Chinese manufacturers are now "double-dealing" and manufacturing part of their production in China while manufacturing the rest in Vietnam. Some Chinese companies keep their main production lines in China while manufacturing small parts in Vietnam, while others have completely moved their factories to Vietnam.
If you've worked in China for a long time and are accustomed to dealing with Chinese suppliers - this knowledge will prove useful in Vietnam as many cultural nuances are the same in both countries. Chinese are also influencing Vietnamese suppliers and passing down knowledge to the workers. It's not uncommon to walk into a 5,000 person factory in Vietnam and find out 500 workers are from China.
How to Move Your Supplier From China To Vietnam Guide // 5-Steps To Move Your Manufacturer To Vietnam — Cosmo Sourcing
Ready to move manufacturing from China to Vietnam? Do you want to learn the ins and outs of shifting to Vietnam? Then, this guide is for you. Welcome to the ultimate guide on moving manufacturing from China to Vietnam. In this guide, we’ll cover the fundamentals of taking your existing production ca
www.cosmosourcing.com
Thats just one of many reasons.Hmm.... interesting. Seems Vietnam has ben the biggest winner from the companies that move out of China instead of India as some expected. Guess it's helps that Vietnam is close to China's supply chain and interconnectivity.
The main reason is that : US will not slap 25% tariff to VN's products till CN collapse