Government to promote new Southward Policy, many Taiwan businessmen to invest in Vietnam consideration, HSBC Holdings chairman Cheung Ming Fai reminded swim south to investors, companies must seek to build the core competitiveness, if just keep thinking about the use of local low-wage conditions, doomed only “nomadic” every so often you have to relocation, can not take root.
In recent years, many Taiwanese have withdrawn from the mainland, because of low wages just want to take advantage of local conditions, but failed to take the opportunity to build their core competitiveness, wage hike with the mainland every year, ultimately had to withdraw.
Minghui said that the early years, many Taiwanese businessmen to invest in Vietnam, is a fancy local low-wage environment, but Feng Xiang set up factories in Vietnam beginning, it invested heavily in automated production equipment, other Taiwanese were laughing silly.
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