New Issue of Vietnam Briefing: Vietnam and China – A Comparative Look for Foreign Investors

June 17, 2011 Posted by Vietnam Briefing Reading Time: 3 minutes

Jun. 17 – In this new issue of Vietnam Briefing magazine, we take a look at Vietnam’s increasing attractiveness as an alternative to China as a major manufacturing destination in Asia. Vietnam is increasingly hitting the news for its low labor costs, similar to China many years ago, but the country in fact holds several additional, generally unexplored advantages for foreign investors.

We first take a quick look at exactly how the labor situation is changing in China and which specific companies (in the fields of electronics, toys, clothing and accessories, and automobiles) are shifting production to Vietnam. We then take a step back to take a snapshot of how Vietnam stacks up politically, demographically, geographically and economically and the trend in which it continues to develop, including a closer look at trade with China.

Finally, courtesy of the tax and accounting specialists at Dezan Shira & Associates, we offer a comparison of FDI-contributing countries and foreign investment structures and taxes. Sprinkled throughout are tables based on related indicators from the World Bank’s “Ease of Doing Business” rankings – you may be a little surprised by what you find.

In This Issue:

China Labor Increases and the Switch to Vietnam
Comparison of Investment Trends, Vehicles and Taxes
Economic, Demographic, Infrastructure Indicators

This issue of Vietnam Briefing – Vietnam and China: A Comparative Look for Foreign Investors – is available from the Asia Briefing Bookstore priced at US$10 for immediate PDF download.

Dezan Shira & Associates is boutique professional services firm providing foreign direct investment business advisory, tax, accounting, payroll and due diligence services for multinational clients in Vietnam. To contact the firm, please email vietnam@dezshira.com, visit www.dezshira.com, or download the firm’s brochure here.

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