Vietnam Emerges as Global Manufacturing Hub Amid China Decoupling
The article discusses how companies are moving production from China to Vietnam due to the pandemic and global changes. It may take time for Vietnam to fully replace China in manufacturing. The term "Made in the World" is suggested for the current global production outlook. South Korea could benefit from a "China plus one" strategy and working with Vietnam. Investing in digital technology like automation and 3D printing is crucial for building a stronger production network in the future.