
Why Vietnam
One of the most stable and secure countries
Annual GDP growth of 8% during the last 20 years
Young and well-educated population
Annual GDP growth of 8% during the last 20 years
Young and well-educated population
» 0% of 97M population under 30
» Literacy rate more than 90%
» 220,000 university/college graduates a year
Many chain stores and supermarkets came to Vietnam: Metro Cash & Carry, Big C, Lotte Mart
Vietnam emerging as a high technology center, Intel, Renesas, Samsung, Campal, Foxcon committed to invest more than $20B to develop/manufacture high tech products
Quality
» Only top resources are employed.
» Adoption of international quality standards
» Only top resources are employed.
» Adoption of international quality standards
Competitive cost
» Always lower than China & Asian countries
Low attrition
» Less than 10%
Strong government support for the comercial and manufacturing industry
» Tax, training & education, industrial parks, etc.