Vietnam Overview

/Vietnam Overview
Vietnam Overview 2018-05-03T10:17:44+00:00

About 20 years ago, Vietnam started the agenda to enter the manufacturing sector on a global basis. With a steady increase in technology, infrastructure, educated workforce and global investment, Vietnam has continued to increase its production output at a noticeable pace. To accomplish this growth and the strong forecast to continue, infrastructure in Vietnam was in need to be upgraded in all aspects of support in the disciplines of: Transportation, Communication, Power Grids, Technology Expertise, Skilled Managers and Educated Laborers.

In the early years of Vietnam’s emergence, the industry recognized Vietnam’s advantages providing Tier 1 EMSs were involved. In essence, Tier 1 EMSs supplied all of the necessary infrastructure to operate in a country that required upgrades in infrastructure. Today, this condition has changed as Vietnam has now matured its condition to support business, and namely, electronic contract manufacturing.