Since the introduction of the U.S. chip control policy on China, many U.S. companies have begun to seek to transfer the ** chain from the Chinese market. Countries such as India, Vietnam, and Indonesia are considered the most likely to take over the U.S. chip chain. According to the data, U.S. companies such as Micron, AMD, and Lam Research have accelerated their investments in India and have plans to invest more in Vietnam. In particular, Intel plans to build its first chip manufacturing plant in Vietnam. Recently, however, Intel halted its investment plans in Vietnam due to concerns about Vietnam's power** and political factors. Although Vietnam's power problem is fatal, Intel has always favored the Vietnamese market and is at a critical moment to seek an alternative market, so it will not easily give up its investment in Vietnam. Vietnam** will significantly increase the effective tax rate of multinational companies next year, which may affect the investment situation of foreign investors, further exacerbating the reason for Intel's suspension.
Vietnam** plans to increase the effective tax rate of multinational companies such as Samsung and Intel starting next year. In the past, Vietnam's tax rate on these companies was only 5%, while the current minimum tax rate is 15% under the international tax system. This change has had an important impact on the investment decisions of these TNCs. Intel's decision to halt its investment plans in Vietnam comes after the new rules were announced. While Vietnam needs to comply with regulations and reduce its financial burden, this change has also raised concerns about the decline in foreign direct investment by foreign companies. Since this tax rate increase system has been approved by 136 countries, Vietnam can only start with the tax rate.
In the context of Vietnam's call, India has become a potential opportunity to take over the US ** chain. Although India's investment climate has been criticized, there are still many companies that have set up factories in India. This is because India itself has demonstrated many advantages, such as subsidies in various industrial chains, huge market potential, and labor cost advantages. In addition, India has also given a considerable degree of preferential treatment to American chip companies, such as subsidies for Apple, Tesla, Micron and other companies. Vietnam's increase in the effective tax rate is likely to exacerbate the trend of these large multinationals investing in India.
However, it will not be easy to successfully take over the US ** chain. In the context of the changing international situation, enterprises are more inclined to keep the ** chain in the mainland when making a choice. In addition, India itself has many shortcomings in the industrial chain environment, so there is no guarantee that India will become the ultimate "receiver".
The transfer of the U.S. chip industry chain is affected by the chip control policy against China, but the process of transfer is not easy. Vietnam, a country that has attracted much attention, was once considered a strong candidate to take over the U.S. chip industry chain. However, Vietnam's power problems and the increase in tax rates under the new regulations caused Intel to halt its investment plans in Vietnam. This situation gives India an opportunity, as it has demonstrated many advantages and has given a tilted policy towards American chip companies. However, it will not be easy to successfully take over the US ** chain, and India itself has some shortcomings.
Personally, I believe that under the current international situation, the transfer and reconstruction of the ** chain is an inevitable trend. The policies and environment of different countries will affect the choice of enterprises, and the transfer of ** chain is not an overnight job. Countries need to optimize their industrial chain environment and provide more stable and competitive conditions in order to attract more investment and industrial transfer. In addition, in order to better respond to changes in the international situation, enterprises also need to strengthen their technological R&D and innovation capabilities to remain competitive and adapt to changes in market demand. Only through cooperation and innovation can countries and enterprises find a path suitable for their own development in the adjustment of the global ** chain.