Workers perform quality checks on smartphones at the VinSmart factory at the Hoa Lac Hi-Tech Park in Hanoi, Vietnam, on September 25, 2019. Photo: Bloomberg
Opinion
Opinion
Eye on Asia
As production shifts from China to Asean, Asia’s supply chains remain stronger than ever
- As the ‘China +1’ strategy takes off, firms are moving some capacity to the Asean region, making it the new production hub
- Far from heralding the end of Asian supply chains, recent challenges only highlight their centrality
Workers perform quality checks on smartphones at the VinSmart factory at the Hoa Lac Hi-Tech Park in Hanoi, Vietnam, on September 25, 2019. Photo: Bloomberg
