Viva_Viet
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n another 5 years you will see no effect. CN will be the same. Besides the biggest automobile market is CN, not US. You sound like now CN everyone is exiting CN- sound more like Indian Media. hahaha . Another bet if VN successful make a car that can hot sell in the world your company will have the biggest plant in CN take my world . Just like GMC their biggest factory is in China. Biggest market also in CN. Tesla largest factory also in CN. Why? Vendor Availabilities.I am not wrong my bro, CN already invested in VN before even the tariff. Not rich Chinese only love money all capitalist love money. China is still the largest manufacturing country in the world. Yes some move to VN because they want to escape the tariff , other reason than the tariff, VN labor is cheap, VN is near, VN has the same system similar to their. When US put on tariffs they also considered many aspect. If I am still alive (Afraid I die before the 5 years due to total nuclear war) i
And as business grow people will diversify .
VN labor is cheap ?? Not cheap anymore since so many FDI companies suddenly come to VN to avoid trade war. 430 USD per month is much higher than worker salaries in many ASEAN nations.
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VN workers assembling Apple products like airpod got the total income is 10,4 millions vnd ( 434.81 usd) per month . Almost reach to 500 usd as CN workers.
Apple move airpod to VN mainly due to trade war, not bcs of $500 per month for workers in CN.
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Công nhân Việt Nam làm AirPods lương tháng trên 10 triệu đồng
Tổng thu nhập của một công nhân làm việc khoảng 9,3 giờ/ngày trong 26 ngày sẽ là 10,4 triệu đồng, chưa kể mức thưởng nếu có.
People Rush for Rice Storage in Hubei Province
Thats the average pay for All, including farmers,workers, fastfood staff, waiters etc, not just workers alone.got it ?? No CN investors can hire workers wt just 150 usd per month ( prove it if Im wrong), but if they only open restaurants, then they can hire some waiters wt 150 usd cos most of...
defence.pk
Trump didnt slap the tariff to Apple that time bcs they almost had No factories outside CN, but now, Foxconn have many factories in VN, assemblying Airpod, Ipad,Macbook plus many CN suppliers are in VN, too. SO, no problem for Apple to move Iphone Production line to VN now.Don't you watch news Trump had long discussion with Apple CEO during the trade war? Why they don't put the tariff? Because it is going to hurt Apple more. Even the ban on Huawei is also a lost to US, not just Huawei. See till today CN 5G they already installed 80% coverage that is why they have all autonomous driving car. Whereas US is struggling with 5G they are getting from Europe that is going to be expensive. And they need to pay patent right to Huawei as Huawei hold many 5G patent rights. That s why Elon Musk is thinking to have 5G using many micro satellites, this technology you need to use satellites disc instead put on every vehicles and when raining time you lost signal. Hence I think it will not be carried out. So basically till today US is still playing catching up. That is why I told you tariffs and protectionism works at the lost of the consumers.
Belt and Road the mass media said it is a trap is nonsense. It never forces you. So now CN invest in Vietnam it is a threat ? It bring good or bad to the country, you see for yourself.
Also told you before what VN is experiencing is what we MA and SIN experience 30 years ago. Don't get too emotional like the Indian. Mass media loves to make sensational. That is why people is saying news today cannot be read full of fake pretext filled with unproven fact.
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A representative of Foxconn said that by the end of 2020, the group has invested $1.5 billion in Vietnam.
One of the company's key projects is the $270 million factory of Fukang Technology in Bac Giang province, in which Foxconn Singapore Pte., Ltd. is the investor.
Fukang Technology is a subsidiary of Foxconn (also known as Hon Hai Precision Industry Company). It has been licensed to invest in building factories to manufacture 8 million MacBook and iPad products a year.
Foxconn's total revenue in Vietnam amounted to $3 billion in 2019, $6 billion in 2020, and could reach $10 billion this year. Foxconn's goal in the next 3-5 years is to increase sales in Vietnam to $40 billion.
Foxconn to invest $700 million in Vietnam
Taiwanese electronics giant Foxconn said it would invest an additional $700 million in Vietnam and set a revenue target of $10 billion for this year.
www.vir.com.vn
Belt and Road the mass media said it is a trap, thats true, thats why VN only welcome CN factories, not CN contractors who bring CN workers in to just to build the road.Belt and Road the mass media said it is a trap is nonsense. It never forces you. So now CN invest in Vietnam it is a threat ? It bring good or bad to the country, you see for yourself.
Also told you before what VN is experiencing is what we MA and SIN experience 30 years ago. Don't get too emotional like the Indian. Mass media loves to make sensational. That is why people is saying news today cannot be read full of fake pretext filled with unproven fact.
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