Is Vietnam Cheaper Than China

9 years 12 weeks ago in Transport Travel - China. Made In China Vs.

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Is vietnam cheaper than china. They expect Vietnams famous high quality at a cheaper price than their China price. Labor costs are cheaper for now and the country is a signatory to free trade agreements with South Korea and the 10. But the smaller Vietnam is a little cheaper and mostly warmer than its larger northern neighbor.

But the smaller Vietnam is a little cheaper and mostly warmer than its larger northern neighbor. So from an eccomic stand point China is doing a lot better. For merchandise its way cheaper than Vietnam and most countries in the world.

China is massive diverse enigmatic beautiful and chaotic. Neighbors China and Vietnam share a similar culture and history. In terms of food lodging transport entertainment etc.

Samething happen to Car you see a guy drive a BWM in Vietnam he had to buy it. Home China Transport Travel Latest Answers Latest Questions Most Answered Need Answers By continuing you agree to eChinacitiess Privacy Policy. Is Vietnam a lot cheaper than China.

China IMO is slightly cheaper than Vietnam for food. But Vietnam doesnt regard China with whom it shares a border and a long complicated history as an older brother to emulate. Difference Between Chinese and Vietnamese Chinese vs.

Only Bangladesh was lower while Chinas monthly minimum wage was 173. As a country on the rise with a growing economy and an an increase in tourism Vietnam as a whole is still very affordable quite cheap. Traffic in Hanoi is very bad and dangerous.

So from an eccomic point you cant arguee which is better. Despite these limits Vietnam has many trade advantages over China. To do that it has reduced its corporate income tax rate to 22 with a further reduction to 20 expected in 2016 a full 5 lower than China.

Vietnam also has its eyes on Chinas manufacturing industry and is looking to woo it from its traditional base in Guangdong. Overall Vietnam is a lot cheaper than China in terms of labor costs. Rather it sees it as a regional bully a harsh competitor.

Vietnams pricing is cheaper than China. A large influx of tourists in recent decades has led to a rise in the tourism business but a pro-business government has allowed competition to flourish. In recent years many multinational firms relocated at least some of their supply chains out of China to places like Vietnam where labor is cheaper and infrastructure comparably sufficient.

There is a low supply of Vietnamese factories with experience. The answer in discerning the two depends on what aspect you try to look at. Home China Transport Travel Latest.

With labor about one-third of China the cost of living and land is much cheaper than its northern neighbor many falsely believe that Vietnam-made products automatically translate into big savings. Report Abuse Email this post. Wages Zhou said have risen from 1260 yuan US183 per month when the venture started to about 2000 yuan US291.

Vietnamese There is a plethora of differences between a Chinese person and a Vietnamese person. For example if you concentrate on distinguishing the Chinese and Vietnamese physical attributes then you will stumble upon a few. It GDP per capita is a lot less than China at 2545 per person 4 times that of Chinas.

Another Dongguan shoemaker John Wang invested 7 million yuan US1 million. The Vietnamese government is targeting pledges of 20 billion in foreign direct investment into Vietnam. Both countries offer a great deal of amazing sights attractions and culture to visitors.

Large cities are generally higher in price than the countryside but overall China is surprisingly affordable. Neighbors China and Vietnam share a similar culture and history. Should you visit China or Vietnam.

Vietnam eccomy is no doubt growing at a fast rate and is one of the best in Asia. Its almost double or triple the original price because of Tax. Vietnam has a cheap living cost for almost anything it can produce domestically but for Phone hell No.

However this also keeps happening in Vietnam with young talent changing jobs often to boost their earning potential. Please login or register if you wish to join conversations or ask questions relating to life in China. Chinese wages keep increasing.

The main advantage Vietnam has over China is that the cost of labor is lower but the outputquality is identical.

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