Vietnam's purchasing manager's index has signalled expansion for 24 consecutive months. Photo: EPA
Vietnam's purchasing manager's index has signalled expansion for 24 consecutive months. Photo: EPA

new | Manufacturers step up search for low cost alternative to China

Higher mainland wages have forced labour-intensive industries such as apparel to find cheaper locations, with Vietnam one of the beneficiaries

Vietnam's purchasing manager's index has signalled expansion for 24 consecutive months. Photo: EPA
Vietnam's purchasing manager's index has signalled expansion for 24 consecutive months. Photo: EPA
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