News / Vietnam fast becoming the new Asian hotspot for top hi-tech manufacturers

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While Vietnam has become the sourcing location of choice for international apparel and footwear producers in recent years, the country is also now attracting increasing numbers of hi-tech companies.

At the recent TOC Container Supply Chain event in Singapore, IMA Asia managing director Richard Martin said production of hi-tech and electronic goods had risen exponentially as mobile and smart phone producers looked to cut back on rising costs elsewhere in Asia.

“Vietnam is now producing around $25bn of hi-tech goods, from nothing ...