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Vietnam's Integration into Global Value Chains: How does Vietnam Differ from its Regional Peers?
MultimediaWith proactive participation in global value chains, Vietnam has steadily grown into a prominent manufacturer and exporter for electronics, ranking 12th in the world and 3rd in ASEAN as an exporter for electronics in 2019.
Various factors contribute to Vietnam’s successful transformation from an agricultural country into an important location for electronic manufacturing in Southeast Asia - such as proximity to China, competitive costs, adequate workforce, low wages, and tax incentives to name a few. However, as Vietnam aims higher than being a low-cost option for electronic assembly, improvement in areas such as supporting industries, productivity, and technology is vital for the country to move up the value chain.
Tune in to our webinar where Rebecca An, Dezan Shira's Business Intelligence Assistant Manager, discusses how Vietnam has steadily strengthened its integration into global value chains and how the country differs from countries such as China, India, Thailand, and Malaysia as a hub for electronic production
Key topics:
- An overview of Vietnam’s integration into global value chains; and,
- How does Vietnam differ from China, India, Thailand, and Malaysia as a hub for electronic manufacturing?
We hope you find the webinar helpful. Should you have any further concerns or questions when applying the solutions brought up in the webinar, please do not hesitate to contact us.
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