Asian, European, US, Middle East, Indian investors are racing in Vietnam.... Why? Paris of the East or California of The East?
QUOTE(JazzyQueen @ Aug 26 2008, 11:21 AM) [snapback]3893663[/snapback]
Asian, European, US, Middle East, Indian investors are racing in Vietnam.... Why? Paris of the East or California of The East?
cheap labor. lol, stop acting dumb.
the real test is when vietnamese salary are up and averging annually $2500 or up. that's time when those foreign companies move out in search of new source of cheap labor. That's time vietnam has to field its own competitive brand internationally, I am not talking about cashew, coffee and rice.
It will determine a country can move up or just stay in mediocrity. Some ASEAN countries have developed quite a while now but unable to move up.
QUOTE(JazzyQueen @ Aug 26 2008, 11:21 AM) [snapback]3893663[/snapback]
Paris of the East or California of The East?
More like, "Big Daddy of SEA".
QUOTE(KJK @ Aug 26 2008, 07:37 PM) [snapback]3893772[/snapback]
cheap labor. lol, stop acting dumb.
the real test is when vietnamese salary are up and averging annually $2500 or up. that's time when those foreign companies move out in search of new source of cheap labor. That's time vietnam has to field its own competitive brand internationally, I am not talking about cashew, coffee and rice.
It will determine a country can move up or just stay in mediocrity. Some ASEAN countries have developed quite a while now but unable to move up.
the real test is when vietnamese salary are up and averging annually $2500 or up. that's time when those foreign companies move out in search of new source of cheap labor. That's time vietnam has to field its own competitive brand internationally, I am not talking about cashew, coffee and rice.
It will determine a country can move up or just stay in mediocrity. Some ASEAN countries have developed quite a while now but unable to move up.
Let Vietnam reach those SEA counties develpment first . Btw how was China 20 years ago?
QUOTE(Asianfrog @ Aug 27 2008, 12:09 AM) [snapback]3894711[/snapback]
Let Vietnam reach those SEA counties develpment first . Btw how was China 20 years ago?
It was like Vietnam 20 years ago!
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