I am compelled to write this article, having recently returned from my first visit to Vietnam. My travel was brought about by my position as director of a Vietnam-based EMS. The business report on Vietnam is short and to the point. Vietnam is emerging as the next stop in the cycle of EMS global hot spots. For the past two years we have seen Vietnam flourish, with GDP growth averaging a bit over 7% per year. The electronics industry has taken a firm grip as a new growth market in Vietnam. Besides EMS companies moving into Vietnam, a multitude of related suppliers are popping up on a monthly basis. Manufacturers of plastics, precision metal, cast iron and PCBs are now materializing to supply the EMS demand. This is not unlike what took place in the early days of Shenzhen's rise to global recognition, albeit on a smaller scale.
展开▼
