Vietnam's roads

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In recent years, as a rising star in Vietnam, like China also has a" world workshop "reputation. "Vietnam Manufacturing" and "Made in China" What's the difference in the end, their advantages for them? They are faced with the problem? In recent years, as a rising star in Vietnam, like China also has a "world workshop" reputation. "Vietnam Manufacturing" and "Made in China" What's the difference in the end cheap jordan high heels, their advantages for them? They are faced with the problem? I try to make a superficial comparison analysis. From the scale, "Vietnam Manufacturing" and "Made in China" is not a heavyweight. According to Vietnam, "Economic Times" reported on June 24, the Vietnamese Trade Ministry said industrial output in Vietnam during the first half of 2008 to 270 trillion VND (about 16.463 billion U.S. dollars, about 113.6 billion yuan), up 16.4 %. According to the Ministry of Science and Technology Minister Wan Gang in May in a speech on the Pujiang Innovation Forum 2007, 54 countries high-tech zones in China and Suzhou Industrial Park's industrial output value reached 4.60676 trillion yuan, industrial added value of more than 1.12 trillion yuan. From the category view, Vietnam is still relatively weak in basic industries, supporting industries developed; the full range of China's manufacturing industry, has formed a complete industrial chain supporting capacity. Although, like Vietnam, the oil exporting countries, but its refining capacity has not, so need to import refined oil products per year more than 1,000 tons, is currently under construction in Vietnam local refineries. According to the Chinese Consulate General in Ho Chi Minh City Room compile business information, a larger increase in 2007 imports of Vietnamese products: original car (96%), auto parts (73%), machinery and equipment (56%), computer and zero accessories (44%), chemical products (39%), cloth (36%), steel (33%). Therefore, the cost of supporting industries in Vietnam than in China. From human resources, China has 1.3 billion people, more than 8,000 million people in Vietnam, so Vietnam can not carry as big as China's production. Furthermore, Vietnam is also lower than the level of vocational education in China, led the Vietnamese technical personnel, management personnel shortage. In Vietnam there is a word called "dry land" or "stem" refers to mainland China sent to Vietnam by the management of cadres, "Business News" journalists on the plane to Ho Chi Minh City had encountered. China Taiwan's largest shoe company Pou Chen Group, a factory in Vietnam, sent a 30-bit "dry land" to manage the production line. The surge in foreign-owned factories, so that the financial officer in Vietnam in 2007 rose by 160% salary, a monthly salary of the Comptroller can reach 4,000 yuan. From the infrastructure view, Vietnam's roads, bridges, docks and other infrastructure facilities can not keep up its pace of economic development in recent years, while China's infrastructure is relatively sound. Bao Jing-Dong Sheng International Co., Ltd general manager told this reporter that an increase in export enterprises in Vietnam in recent years, but the terminal building can not keep up, to the wharf to provide a container of goods, now 1-10 weeks, three days in China can be a , while the previous three days in Vietnam pier can be used to pick up. From the integrated costs, the wages of workers in Vietnam than in China's Yangtze River Delta, Pearl River Delta and other coastal areas is low, but not necessarily lower than the inland areas of China, but also because of its lower labor productivity of Chinese workers, the lack of middle management, so labor costs between the two countries has been very close. Vietnam, the land cost is not low, coupled with Vietnam has to import many raw materials, logistics support is still not perfect, so is not revenue, trade barriers factor, "the Vietnamese manufacturing" costs and "Made in China" has been similar. But why two to three years in Vietnam has attracted so many foreign companies from China, "faithless" mean? From trade environment, first of all, Vietnam has not been European and American countries like China so much as the field of anti-dumping or export quotas, so you can set up factories in Vietnam around these barriers. Its, if you want to open up the ASEAN market, set up factories in Vietnam and more suitable. As a member of ASEAN, Vietnam, its exports to other ASEAN countries are zero tariffs, while Chinese exports to the ASEAN market for at least 5% of the tariff to be imposed. From a tax policy perspective, the income tax, just like ten years ago in Vietnam, China, to give foreign investors a lot of preferential policies; while China has revised the tax system, the implementation of "tax integration" of Chinese and foreign enterprises to implement a unified tax standard. In the export tax, Vietnam's exports for the average tax-free enterprises, and China in recent years, a variety of products significantly reduce the export tax rebate rate. A journalist by Tien Giang Province in Vietnam's Investment Industry Park, Longjiang information: corporate income tax was put into operation from the beginning, the enterprise can enjoy 15-year concession period, starting from the earnings tax-free in 4 years, half of 9 years ( 5% of net profit), the rest of the year to enjoy the preferential tax rate (10% of net profit), after the preferential tax rate of 25%; the highest VAT rate is 10%; exports uggs boots clearance, profit remittance tax; import duties, constitutes a machinery and equipment imports of fixed assets for production and business purposes, the various types of materials, raw materials and goods are exempt for 5 years. From the currency exchange rate perspective, the continuing appreciation of the renminbi, the Chinese increase the cost of export-oriented enterprises, competitiveness weakened, 1 to 6 months of this year, the RMB against the U.S. dollar had appreciated by 6%; and Vietnamese Dong Quedui the weak dollar, the current Vietnam shield against the U.S. dollar price of about 16620:1 official rate, but the black market has reached 18800:1, 20000:1 this year is not impossible to achieve. Although the wages of workers in Vietnam as domestic inflation and frequent strikes and rising rapidly, but many foreign-funded enterprises in Vietnam believe that the devaluation of the dong rise in basic wages can be offset with, and VND devaluation on exports stimulation. Bao Jing-Dong Sheng International Co., Ltd general manager, said it completed by the end of this year the second phase of the Vietnamese plant, due to the rapid devaluation of Vietnamese dong can save $ 200,000 for the works. From the local market, it is clear that China has become a huge market in the world important, but because of intense competition, competitive industries in mainland China generally have a lower level of profits; and formally joined the WTO in 2007 in Vietnam, many areas still blank, Therefore the Vietnamese market, the average industry profit margin is higher than the Chinese market. However tory burch reva flats sale, up to 25% this year, the inflation rate so that the local market for the Vietnamese business risk surge, while China's inflation rate in Vietnam is relatively moderate. In conclusion, "Vietnam Manufacturing" Although in some areas and "Made in China" there is competition, for example, export processing enterprises, but overall not enough with the "Made in China" to compete. Moreover, the two are quite complementary, many Chinese enterprises by way of Vietnam, to circumvent trade barriers; the upper reaches of many supporting parts industry in Vietnam, you need to export from China. Currently, as China, Vietnam to varying degrees, a "labor shortage", which are proposed industrial transformation strategy. However, the conditions for transition in Vietnam is not mature enough, first, a high trade deficit in Vietnam need to vigorously develop the processing of export-oriented enterprises to earn foreign exchange, and second, high-tech talent shortage in Vietnam; and China has a large trade surplus, high technology industry has a certain basis. Therefore, China's industrial upgrading process will be faster than Vietnam.
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