Vietnam, Thailand boost supply chain agility

Thứ Sáu, 17/03/2017, 20:47
Vietnam and Thai leaders met on March 17 in Ho Chi Minh City for talks seeking to shift their economies into more collaboration in sophisticated light manufacturing, such as electronics and auto-parts.

To maintain their economic growth momentum, officials of the Thai Ministry of Commerce said they would like to develop the supply chain links with Vietnam into more high value added manufacturing, like electronics, whose know-how leads to an upgrade in local skills and eventually higher wages for workers.

Many of the products of Thai manufacturers are already slowly coming online in the special economic zones of Vietnam, they said, so it just makes good business sense to establish direct links in a well thought out regional supply chain.

VOV