Why are Customers around the World Paying Attention to Our New Factory in Vietnam? 🏭
To meet the growing demand of the global market, we have officially opened a brand new inflatable product manufacturing facility in Vietnam.
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seen from United States
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Why are Customers around the World Paying Attention to Our New Factory in Vietnam? 🏭
To meet the growing demand of the global market, we have officially opened a brand new inflatable product manufacturing facility in Vietnam.
Why the interest in Vietnam?
Full Name Socialist Republic of Vietnam
Population 97.7 million people (est. 2019)
Capital Hanoi
Largest City Ho Chi Minh City
Area 329,247 sq km (127,123 sq miles)
Major Language Vietnamese
Major religion Buddhism
Life Expectancy 69 yrs (men), 74 yrs (women)
Monetary Unit Dong (VND) 22,700 VND = $ 1.00 USD
Main Exports Textiles, Garments, Furniture, Metalworks, Rubber, Rice, Tea, Coffee, Petroleum, Seafood, Plastics
GNI per Capita $2,200 USD (2017)
Internet Domain .vn
International Dialing Code (Saigon) +84
Business Environment
Why the interest in Vietnam?
Worldwide Companies are seeking new primary and secondary sources for low cost manufacturing and supply bases.
The China factor (China Plus One Strategy) of increasing production costs, removal of incentives, rising foreign exchange rates, new employment protection laws and political uncertainty have effected the bottom-line of Buyers everywhere.
Vietnam represents a “first mover opportunity” for those who want to make the investment in time, energy and money.
Vietnam represents both import and export opportunities.
Stable and equal socio-political environment
Competitive cost of labor
Foreign Direct Investment strongly supported by Government
Main investors … USA, Japan, Singapore Taiwan, South Korea and Hong Kong
https://youtu.be/DntcmfzOmVE
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Close to the nature with this material ! #natural #rosie #pottery #specialcorner #vietnamfactory #manufacture #weekend https://www.instagram.com/p/BzTVg0XA-0l/?igshid=1pqm82b6h3ytd