Plus One Country; Vietnam's Economy  

Oleh:

[s.n]

Jenis: Article from Bulletin/Magazine
Dalam koleksi: The Economist (http://search.proquest.com/) vol. 396 no. 8698 (Sep. 2010), page 34.
Topik: Textile Industry; Economic Conditions; Business Conditions; Business Costs; Labor Costs; Multinational Corporations; Foreign Investment

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Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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There is a booming demand in Vietnam for garments. Exports of textiles and garments rose by 17% in the first seven months this year, to $5.8 billion, suggesting that investors still favour Vietnam as a base for cheap manufacturing. Its advantages have been amplified by recent labour unrest and rising costs in southern China's factories. Its advantages have been amplified by recent labour unrest and rising costs in southern China's factories. In Hanoi there is renewed talk of "China Plus One" as a strategy for multinationals keen to spread their bets. Vietnam could gain handsomely, thanks to its labour which is cheaper than China's and its neighbours'. GDP per head was below $100 in 1990 but is now well over $1,000, says the World Bank. But with workers getting richer, more will need to move into higher-skilled work, becoming better educated and using capital and technology more efficiently.

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