| I've been to both countries as well. Vietnam is tiny, it's entire industries are said to be less than a single district of Dongguan... but The lion share of China's light industry sits in the Guandong, and Shenzhen once famously had 50%+ of world's electronics output singlehandedly. Everything else up north was economically inconsequential until GD became too expensive. Guandong's population at the time was <100M. So it's well doable for both countries. A giant, giant influence here is where the winds of global capital will blow. As it's said, Samsung is now 1/3 of Vietnam's GDP, and singlehandedly runs the whole supply chain for all what it makes there, and that is without Samsung group giving any special commitment to Vietnam. Imagine what will it be if Samsung decides to up the states, and move it's heavy industry, and Semi there. If Foxconn, will decide on moving the "Foxconn city" into Vietnam, and other OEMs of the same size too, just every opportunity opens. |