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by baybal2 2353 days ago
Vietnam's entire industrial capacity is like that of a single district in Dongguan, and they are very US centric.

One man told me recently that Samsung's factory makes 50% of Vietnam's export value.

3 comments

Doesn't that just mean that Vietnam is becoming the new China? China started their improvements in somewhat similar circumstances.
Indeed... but it will take some time for it to develop.
28% of GDP is different from 28% of export value...
Thank you, for some reason I had them combined in my head.
Quality and craftsmanship is also a huge differentiation between Vietnamese and Chinese capabilities.
In which direction?
Let's just say that Vietnam has a lot of catching up to do.