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Is It Time for Vietnam’s Companies to Go Global?

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Sure, we can't wait to buy $80,000 VinDiesel "cars".:omghaha:
“Investing in the United States is one of the best decisions that Vietnamese firms can make, especially as the country’s economy continues to rapidly expand,” Kritenbrink said.
Maybe Vietnam can invest in Monsanto, since its products are already so familiar to Vietnamese:
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Sure, we can't wait to buy $80,000 VinDiesel "cars".:omghaha:

Maybe Vietnam can invest in Monsanto, since its products are already so familiar to Vietnamese:
orange.jpg
Can you stop idiocy?
There are lots of rich Americans. $80k cars are for them nothing special. German cars are much more expensive. Buying made in Vietnam is very good alternative. 20 to 30 percent cheaper than other in the same class.

On sale: Vinfast Lux V8

vinfast-lux-v8-autodaily-03.jpg


vinfast-lux-v8-autodaily-04.jpg
 
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Apple may select Vietnam to build facilities to avoid US tariffs
Vietnam may be the next destination of Apple manufacturers if the US government applies the 25 per cent tax rate on its products, which are mainly manufactured in China.

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Apple is mulling over plans to move production out of China (Source: AFP)

US President Donald Trump more than two weeks ago warned to levy 10-25 per cent tax on the leading global tech firm’s best-selling products. This latest move in the US-China trade war is a serious threat to the firm, according to Bloomberg.

The US newswire also stated that Apple currently has no plans to remove its facilities from China. If Trump applies 10 per cent tariffs on the firm, it will keep running the facilities in China despite a significant impact. However, if the tariffs mount to 25 per cent, Apple may consider relocating facilities.

With the 10 per cent tax rate, Apple may suffer a $1 reduction in earnings per share. This loss would be $2.5 at a 25 per cent rate if Apple keeps running facilities in China.

If the tech firm’s plans come true, Southeast Asian countries, including Vietnam, is supposed to be its leading option to replace Chinese production. In fact, over the past few years, several Apple manufacturers like GoerTek and Cheung Uei have been planning to move manufacturing lines from China to Vietnam.

Similarly, at a meeting with the prime minister in the afternoon of November 22, Vu Tien Loc, director of the Vietnam Chamber of Commerce and Industry (VCCI), revealed that China-based Foxconn Group and the Hanoi People’s Committee are working together to open an iPhone manufacturing facility in Vietnam to negate the impacts of the US-China trade war.

The US government on September 24 officially applied 10 per cent tariffs on $200 billion worth of Chinese imports. It is forecast that as of the end of this year or the beginning of next year, the rate will be increased to 25 per cent.

According to a research released by China’s AmCham, two-thirds of the 430 US firms in China have been impacted by the trade war. Especially, 30 per cent are considering moving out of the country.

High-technology is one of the segments suffering the largest damage from the trade battle. Airpods, Apple Watch, and HomePod were Apple’s products listed in the $200 billion package of Chinese goods that were slapped extra tariffs on in September.

VNF/VIR
 
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Can you stop idiocy?
There are lots of rich Americans. $80k cars are for them nothing special. German cars are much more expensive. Buying made in Vietnam is very good alternative. 20 to 30 percent cheaper than other in the same class.

On sale: Vinfast Lux V8

vinfast-lux-v8-autodaily-03.jpg


vinfast-lux-v8-autodaily-04.jpg
"Rich American" will care for this made in vn crap??? Come on, give me a break....
 
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"Rich American" will care for this made in vn crap??? Come on, give me a break....
Ok give me a break, you think we stick to making shoes forever?
crap? China makes no crap? Man, you are famous for making craps!
Donald Trump just praises VN as a country business can go there to avoid tariffs. How ironic! To avoid tariffs that are imposed by his administration.
 
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Ok give me a break, you think we stick to making shoes forever?
crap? China makes no crap? Man, you are famous for making craps!
Donald Trump just praises VN as a country business can go there to avoid tariffs. How ironic! To avoid tariffs that are imposed by his administration.
As I have already showed you: your manufacturing capability is less than 1% of ours... Sure Donald Trump want companies to go to your jungle, just to bargain with China... But do you think if you can take even 1% of our capability even within a decade??? Even their company Tesla is eager to set up factory here in China... You are too pathetic.. You have no market, no technology, no infrastructure... simply nothing except some slave labors...
If you got nothing, then, your are just taking your daddy Trump's hot air as a sweet-smelling delicacy...lol...
 
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As I have already showed you: your manufacturing capability is less than 1% of ours... Sure Donald Trump want companies to go to your jungle, just to bargain with China... But do you think if you can take even 1% of our capability even within a decade??? Even their company Tesla is eager to set up factory here in China... You are too pathetic.. You have no market, no technology, no infrastructure... simply nothing except some slave labors...
If you got nothing, then, your are just taking your daddy Trump's hot air as a sweet-smelling delicacy...lol...

Vietnam manufacturing and added value output is just 36 billions us dollar last year, most of their export earning is come from reselling goods and stocks from other countries especially China. They are not well known industrialized country
 
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Not your business, jungle animal... Go back to your cave...
Viets are funny.

I hope to see real growth in Vietnam, i.e. the day Western media paint a picture about Vietnam as a highly polluted country, a source of shoddy quality products and all are just Western knock-off, a country where labor are paid slave wage and there can never be any innovation coming from Vietnam (exactly as what they have done to Japan, Taiwan, Korea and now China).
Look at the people Vietnam has. They will not surpass Indonesia. Vietnamese men make their women work while they drink and gamble all day. There's a saying in Vietnam. "The women hold up the sky the men can't hold their jockstrap."
 
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Sure, we can't wait to buy $80,000 VinDiesel "cars".:omghaha:

Maybe Vietnam can invest in Monsanto, since its products are already so familiar to Vietnamese:
orange.jpg
What's Monsanto, buddy?
 
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