China and Vietnam: cornerstones of global manufacturing

According to DIGITIMES, China and Vietnam remain crucial hubs for manufacturing, even as US tariffs are reshaping Taiwanese investment.

The relocation of production is a recurring theme in the global economic landscape. Companies constantly evaluate where to allocate their production resources to optimize costs, efficiency, and market access. Factors such as political stability, the availability of skilled labor, and infrastructure play a decisive role in these decisions. China, while facing challenges related to rising labor costs and geopolitical tensions, continues to offer a comprehensive and well-developed production ecosystem. Vietnam, on the other hand, is emerging as an increasingly viable alternative, thanks to a young and dynamic workforce and government policies favorable to foreign investment.