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Our Govt want foreign company to transfer more tech , not just simple assembling the product in VN.
I'm surprised to see India despite its huge young population/workforce/market lagging so much behind Vietnam in attracting these companies moving out from China. I thought India will have been the obvious choice after China. India really needs to buckle up man.
Unfortunately viet can only do the simple assembling work. look at your spending on R&D, where is Vietnam? how can you guys know what the hell to do with those tech transfers?
2014 Global R&D Funding Forecast
A funny comment in the same thread from a German guy, i quote it here:
"All the above mentioned countries are a bunch of useless countries. Look at Vietnam, they spend next to nothing on R&D and yet, according to the Boq guy, they are at the very edge of high-tech.
Try to learn from Vietnam, you will save tons of money and still come out with the most wonderful things."
Poor low IQ Chinese, even US-Soviet also agree that VN and Cam Ranh base have a very important location. Maybe bcz there r lots of low IQ like u in China, thats why Microsoft fed up with Chinese , fire all of u and move to VNenvy the world most useless country you must be joking right
We cna do many things that China cant such as No VN kids starve to death in trash bin like in China. So dont think we can not do what u cant.Unfortunately viet can only do the simple assembling work. look at your spending on R&D, where is Vietnam? how can you guys know what the hell to do with those tech transfers?
2014 Global R&D Funding Forecast
A funny comment in the same thread from a German guy, i quote it here:
"All the above mentioned countries are a bunch of useless countries. Look at Vietnam, they spend next to nothing on R&D and yet, according to the Boq guy, they are at the very edge of high-tech.
Try to learn from Vietnam, you will save tons of money and still come out with the most wonderful things."
Because of the ecosystem, the supply chain is concentrated in guangdong region.
Vietnam has this geographical advantage of being close to supply chain while India doesn't.
not saying this has to happen overnight.
but slowly but surely companies are going to be moving out of China
just like with Intel and now Microsoft and soon Apple.
vietnamese can look at a picture and reverse engineer the product. Don't ever underestimate monkey power.Unfortunately viet can only do the simple assembling work. look at your spending on R&D, where is Vietnam? how can you guys know what the hell to do with those tech transfers?
2014 Global R&D Funding Forecast
A funny comment in the same thread from a German guy, i quote it here:
"All the above mentioned countries are a bunch of useless countries. Look at Vietnam, they spend next to nothing on R&D and yet, according to the Boq guy, they are at the very edge of high-tech.
Try to learn from Vietnam, you will save tons of money and still come out with the most wonderful things."
Guess it has more to do with lack of adequate infrastructure and restrictive FDI/investments policies or something
Its all abt Politics, India is already strong , so US dont want Indian to get stronger . VN is still weak and quite friendly to US, so US can help VN to boost the economy and dont have to worry abt strong VN may do some bad things to them.hmmmmm........yh i do know that Vietnams close proximity to China is a main attractiob for multi nationals to relocate to Vietnam from China, since doing so they can profit from both the lower wages/cost in Vietnam and the proximity of supply chain next door to China. Vietnam indeed has a very good location to Chinas developed coastal/industrialised regions, which is a great advantage.
However, I was thinking India itself should be a China all by its own, due to its huge potential market/population/young work force. So all these should obviously have been a draw to these companies. I still dont get why they dont give India a shot, unlike Little Vietm(its close proximity to China not withstanding).
Guess it has more to do with lack of adequate infrastructure and restrictive FDI/investments policies or something