Vietnam used to be a manufacturing "potential stock" with high hopes, but recent data shows that exports have fallen and losses of 420 billion yuan. Vietnam's manufacturing sector is facing shrinking orders, factory closures and job losses, raising doubts about whether Vietnam can really become the next "factory of the world." However, we cannot ignore the challenges and dilemmas faced by Vietnam's manufacturing industry, as well as the continuous development and upgrading of China's manufacturing industry. In this article, we will ** the problems of Vietnam's manufacturing industry and look forward to the future of China's manufacturing industry.
1. Bets of many foreign-funded enterprises
In the past few years, Vietnam has attracted a large amount of foreign investment and has become the preferred place for many foreign companies to move out of China. However, this bet did not bring the expected profits to the foreign-owned enterprises, on the contrary, they faced huge losses. According to the data, Vietnam has made some achievements in attracting foreign investment, but the production capacity and infrastructure in Vietnam cannot meet the needs of foreign companies, which has led to a decrease in orders and a decline in profits. In addition, the lack of quality of local workers in Vietnam has also made foreign enterprises face more challenges and difficulties.
2. Foreign company bigwigs have withdrawn
The problem of Vietnam's manufacturing industry is not just the loss of foreign companies, more and more foreign companies are starting to withdraw and choose to move back to China. This is because they found that it was difficult to find a place in the world that could replace China's industrial chain. China's manufacturing industry is inseparable from the continuous upgrading of the industrial chain and production technology. China has made some major breakthroughs in the field of carbon fiber and biotechnology, which has made more and more companies realize that they can find a way out by being close to China.
3. The market has taken a sharp turn
The market sentiment of Vietnam's manufacturing industry is also taking a sharp turn. Many foreign brands face the dilemma of overstocking inventory and no one paying. Market feedback shows that the quality of Made in Vietnam is even inferior to that of copycats, which has had a great impact on foreign brands. Many brands choose to take China's industrial chain as the first chain, and have achieved success in the international market with the advantages of Chinese manufacturing.
1. Stable breakthrough in technology
The steady breakthrough in technology of China's manufacturing industry has provided strong support for its sustainable development. China has made breakthroughs in several fields, such as carbon fiber and biotechnology. These breakthroughs have enabled China's manufacturing industry to provide high-quality products and occupy an important position in the international market.
2. Transformation of high value-added industries
China's manufacturing industry is accelerating its transformation into a high value-added industry. The output of new energy vehicles, photovoltaics and other fields has ranked first in the world for many years, and emerging industries such as artificial intelligence, chips, and biotechnology have also made major breakthroughs. China's manufacturing industry is no longer just satisfied with low-cost labor, and has more investment and breakthroughs in technological innovation and product quality.
3. Enhance international influence
The development of China's manufacturing industry not only has a huge impact on the domestic economy, but also plays an important role in the global industrial chain and the world. Products made in China enjoy a high reputation in the international market and have become the preferred brand in many countries and regions. The sustainable development of China's manufacturing industry will further enhance China's international influence.
China's manufacturing industry still maintains a strong development momentum in the face of the plight of Vietnam's manufacturing industry. With the continuous upgrading and transformation of technology, China's manufacturing industry will usher in a broader space for development. At the same time, in the unstable environment of the global economy, China's manufacturing industry will play an important role in stabilizing and leading the global economy.
The problems and dilemmas faced by Vietnam's manufacturing industry should not be a reference for the development of China's manufacturing industry. China's manufacturing industry has made great progress in sustainable development and technological breakthroughs, and has a clear outlook for the transformation of high value-added industries and the improvement of international influence. China's manufacturing industry will continue to maintain a strong momentum of development and become an important force in the global manufacturing industry.