Anyone unhappy with a Vietnamese Limited?

Started Jul 1, 2010 | Discussions thread
007peter
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Vietnam = Next China - soon everything will be made in Vietnam
In reply to leekil, Jul 2, 2010

Get used to it. Mark my word, Vietnam is the new China .

Right now Toyota, Honda, and a host of Japanese firm is hit hard by Chinese Worker Strikes. The rapid raise in Chinese rages, the anti-Japanese climate, the bureaucracy of doing business in communist country, is forcing many firm to look elsewhere for cheap labor.

Thailand is unsafe, Philippines unstable, and Taiwan's wages more expensive. Most company is planting on existing China for Vietnam.

I think Hoya is smarter than other Japanese firm in picking Vietnam over China several years ago for their factory location. I suspect Japanese firm will exit China sooner than expected to concentrated on Vietnam.

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