Production

All too often, Vietnam's impressive economic growth is attributed to just cheap wages or government-imposed incentives. The reality is a lot more complicated than that. By GREG MILLS. Can Africa be the next China? It's the question on the lips of those contemplating the development opportunities in filling the void left by Chinese manufacturers as labour unit costs rise in the People’s Republic and its industries move into higher-tech, capital intensive production.

In the context of globalization, market economy has spread throughout the world, large corporations is currently has market penetration strategy of shifting production strongly to take advantages of tax incentives, labor cost, temporary import and re-export, processing….in third countries.