Corporations such as Apple and Intel have begun to relocate factories to Việt Nam, drawn by its burgeoning capabilities and stable political environment. As these threads converge, Việt Nam emerges as a protagonist in the saga of global supply chains. Yet, along with opportunities, Việt Nam is facing many challenges. Corporate titans like Boeing, Google and Walmart have also expressed their intent to spread their wings across Việt Nam's business landscape. With labour costs rising, Việt Nam risks losing its once-advantageous position in cheap labour to countries like India, the Philippine, and Cambodia.
