The world’s largest electronic outsourcing manufacturer is delaying its massive investment plans for Vietnam due to global economic recession.
Vu Due Quyet, director of Bac Ninh Industrial Zones Authority, said Taiwan’s Foxconn had done nothing to pursue its hi-tech industrial park and township project in Bac Ninh province, 30 kilometres north of Hanoi. Two years ago, [...]
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Foxconn steps back from projects
Vietnam among top 10 outsourcing nations
Vietnam ranks 7th among ten leading outsourcing destinations in the world according to Tholons, a full-service advisory firm for global sourcing and investments.
Ho Chi Minh City and Hanoi, meanwhile, rank fifth and tenth respectively among 50 emerging global outsourcing cities, according to the firm’s report, which is conducted through surveys of first and second tier [...]
