Is Vietnam safe?
BESIDES CHEAP LABOR COSTS, WHAT investors treasure most is the social stability of an investment destination. The latter is even more valuable than the former as social instability will greatly compromise the benefits that cheap labor brings about.
This is something that investors will be carefully considering when it comes to investing in Vietnam. To stay or not to stay is now the question for those who already have factories in the Southeast Asian country after their factories were looted and burned down by protestors late last week.
More than 3,000 Chinese from the mainland who have been doing business in Vietnam have left after two of their compatriots were killed and more than a dozen seriously injured and their factories ransacked and burned when Vietnamese anti-China protesters took to the streets.