Post
Topic
Board Economics
Re: Southeast Asia,The Next Blue Ocean of the Global Economy?
by
tabas
on 29/08/2024, 15:50:47 UTC
f you were an entrepreneur, would you invest in this land?
I think that the big manufacturers are choosing Vietnam and Thailand for cheaper labor. They're saving more money rather than doing all of the production and manufacturing from China. So, they get materials that are cheap in China and manufacture and assemble them in those countries that I've mentioned. And aside from the cheap labor in Thailand, IIRC, it's now the number 1 go-to of many tourists in South East Asia and the main reason is about cheap food and everything. While most of the SEA countries are developing nations, I think more expats are choosing to retire to the countries that are on the list.