Is Vietnam who wants to replace China?They give the answer in unison

Singapore's "Lianhe Zaobao" July 24 article, original title: The rapid rise of manufacturing, Vietnam to become the next world factory?

The topics such as "Vietnam Exports Begamed Shenzhen" have attracted attention in recent months, and some public opinion has ignited the anxiety of Vietnam's manufacturing industry may shake the status of the world's factory in China. Western media focuses on the transfer of export orders in China's anti -epidemic policy, which benefits Vietnam a lot. The boss and executives of Vietnamese foreign companies interviewed said that as early as the outbreak of the epidemic, the US -China trade war had allowed Vietnam to collect fishing profits. Vietnam is connected to China, coupled with the convenience of maritime logistics, the younger population, and the source between China and the United States, etc., have made Vietnam the first choice for enterprises to implement the "China plus one" strategy.

Electronics manufacturers can quickly obtain the required parts and raw materials from the southeast coastal companies. But the epidemic exposed the vulnerability of the cross -border industrial chain. Most of the "Made in Vietnam" is the assembly and packaging of "Made in China", and the finished products of "Made in Vietnam" are finally exported to the European and American markets. The problem is that once the transportation of parts from China to Vietnam is blocked, Vietnam's shipping capabilities as the middle and lower reaches of supply chain will be greatly restricted. Jian Zhiming, president of the Taiwan Chamber of Commerce Federation in Vietnam, said that the manufacturers "also pain in order, and it hurts."

If manufacturers in Vietnam seek localize raw materials, can Vietnam rise into the next world factory? The owner of the interviewed company and executives said in unison: "Impossible." Lin Mingjie, President of Singapore Chamber of Commerce in Ho Chi Minh City, said that the industry's transfer from China does not only shift to Vietnam, as well as India and Southeast Asian countries such as Indonesia, Malaysia, Thailand, the Philippines , Laos and so on. "Who can replace China? Many countries add up to replace China."

China's industrial chain is very complete, and its organization is better than Vietnam. In the early days of Vietnam, only the pollution section abandoned by China in the traditional industrial supply chain. Recently, the electronics industry has been transferred to Vietnam, and it is still mainly low -end. Moreover, even if Chinese labor costs are higher than Vietnam, Chinese workers' manual and technology far above Vietnam. Vietnamese are as diligent as the Chinese, but they are different. China is still a manufacturing giant and will not be easily curbed or replaced.

Insufficient talents also constrained Vietnam to advance to high -end. Lin Mingjie said that Vietnam lacks professional and technical personnel. A foreign factory wants to recruit 100 engineers and receives 2,000 job search letters. Relevant experts believe that transfer from China to Vietnam does not call industrial transfer, but is called order transfer.

Author: Shen Zewei

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