Vietnam has increasingly become a burgeoning industrial hub, especially for tech and apparel, wrote an article published by India’s stattimes.com on January 14.
The Trade Office of Vietnam in India has taken part in a programme in Uttarakhand state, held trade promotion activities there, and explored investment and business cooperation chances in Dehradun city.
China, which is still the key Apple supplier, may lose its tag as the leading iPhone manufacturer as Apple looks at India and Vietnam to bolster its supply chain, the media reported on Saturday.
With Vietnam set to maintain momentum to realise its dream of becoming an alternate global supply chain leader, the Fourth Industrial Revolution is providing a boost for global industries to look to Vietnam as a major manufacturing hub in the Southeast Asia region.