(888) 860-1193

https://www.ventureoutsource.com/contract-manufacturing/china-increases-vietnam-investment-to-ride-manufacturing-wave/

China increases Vietnam investment to ride manufacturing wave

By VentureOutsource.com Staff

Electronics OEM and contract electronics manufacturers are shifting manufacturing supply chains to avoid the effects of US-China trade tensions. This is being reflected in increased foreign direct investment (FDI) flows to Vietnam from late 2018 into 2019. (Related: Vietnam and South East Asia manufacturing resources page)

Noteworthy is that Chinese investors have ramped up their number of new projects by 53 percent YoY, faster than investors from Singapore (+25 percent YoY), Korea (+13 percent YoY) and Japan (+9 percent YoY).

Vietnam registration changes in number of FDI projects – top nations, and total

During the first half of 2019, China accounts for the largest share (23 percent) of FDI values registered in Vietnam.

SEE ALSO
4 OEM sourcing strategies for Asia
[Hourly] Manufacturing labor wages for Asia
[Annual] Manufacturing labor wages for Asia

Several key manufacturing FDI projects noted that registered in Vietnam in 1Q19 included new factories and expansion of Meiko, New Wing Interconnect Technology Bac Giang (Foxconn), GoerTek, plus some other larger, and smaller contract EMS manufacturers.

READ FULL ARTICLE: Full content is available to logged in electronics OEM site users. If you are an electronics OEM professional working in an electronics OEM company please Register or Log In.





Private message OEM peers. Access all content.

For electronic OEM professionals working in OEM companies. Connect with OEM peers and access exclusive content.

You might also like:

Sourcing Managers & Category Managers Best Practices for Outsource EMS Manufacturing

Provider spotlight

About VentureOutsource.com

VentureOutsource.com is the leading online destination helping electronics OEM decision makers make more informed decisions and reduce risk. We offer educational Webinars, thousands of original articles and helpful tools, a community of influencers who understand the challenges facing your company today, and a comprehensive directory of electronics provider services.



Copyright Venture Outsource, LLC. All Rights Reserved
The material on this site is for informational purposes only and is not a substitute for legal, financial or professional advice. Distribution and use of this material are governed by our User Terms Agreement and by copyright law. By using our Website you agree to site Terms and Privacy policies. For questions please contact VentureOutsource.com at 1-888-860-1193 or visit www.ventureoutsource.com