Singapore (BUSINESS WIRE) - Frost & Sullivan's Semiconductors Automation & Electronics of Frost & Sullivan Asia Pacific (http://www.electronics.frost.com) will host an exclusive live briefing on the Vietnam: Asia's next Rising Tiger as a Technology-Driven Nation on June 25th, 2008 at 11:00 hrs (GMT+ 08:00hrs) Singapore time.
Vietnam is emerging as an important Electronics Manufacturing Services (EMS)/Original Device Manufacturers (ODM) and semiconductor manufacturing services destination. In January 2007, Vietnam entered the World Trade Organization.
Vietnam's low-cost of labor, availability of trainable local population and favorable government policies are attracting global EMS/ODM companies to set-up operations in this country.
The government's emphasis on making electronics a key export earner is pushing Vietnam to migrate to the path of high-tech industry. The country is also experiencing rapid increase in semiconductor consumption. Many investors feel that it is easier to do business in Vietnam than in China due to lesser regulatory hassles and government business-friendly policies.
The country has been witnessing double-digit growth rate. In recent years, electronics and IT industries have recorded the average growth rate of 25-35% a year.
Vietnam will soon emerge as a tough competitor to other well established neighbors in Asia. It is to been seen if Vietnam will emerge as a viable alternative.
Highlights of this analyst briefing includes an analysis of Drivers and Challengers for Vietnam's EMS/ODM and Semiconductor Industries, Education System and Labor Force, Vietnam's Semiconductor Consumption, Leading OEMs in Vietnam and also a discussion on macroeconomic indicators such as GDP growth, FDI inflow, and labor costs. We will also provide an update of
related and upcoming research and an opportunity for a question and answer session with the analyst.
This briefing will benefit Original Equipment Manufacturers (OEMs), component manufacturers, EMS, ODMs, electronics component distributors as it discusses key competencies of Vietnam in addition to providing trends and factors impacting the growth of ESM/ODM services and semiconductor industry in Vietnam and semiconductor consumption forecasts.
Akkaraju Venkata Sridevi, Research Analyst for the Semiconductors Automation & Electronicsof Frost & Sullivan Asia Pacific says, "The electronics industry in Vietnam is still very young and it's rapidly developing due to high priority in the government's development strategy. The main products are printers, computer and mobile phone telephone parts, circuit boards, etc. Vietnam's electronics industry targets to reach US$ 5 to 6 billion in production value by 2010. Vietnam has also become a heaven for investors from Korea and China. Intel has tripled its investment in Vietnam to US$ 1 billion."
Sridevi also sates that Vietnam is the next emerging destination for investments after China and India. "The economic growth rates spell success for the country. Vietnam's economy is the fastest growing economy, second only to China, in the Asian region. Vietnamese Government support to establish industry parks, good physical infrastructure, the availability of English-speaking workforce and low labor costs are all factors that make Vietnam an attractive destination."
Join us as Sridevi shares her insights on Vietnam as the next technology-driven nation in the region. Those interested in registering for the interactive webinar should send an email to Corporate Communications - Donna Jeremiah at djeremiah@frost.com with the following information: full name, company name, title, telephone number, e-mail address, city, state and country. The registration details will be emailed to you upon receipt of the above information.
Frost & Sullivan, the Growth Partnership Company, partners with clients to accelerate their growth. The company's TEAM Research, Growth Consulting and Growth Team Membership empower clients to create a growth-focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents. For more information about Frost & Sullivan's Growth Partnerships, visit http://www.frost.com.
Frost & SullivanCorporate Communications - Asia Pacific:Donna Jeremiah, +603 6204 5832 djeremiah@frost.com or
Hwa Mei Ho, +603 6204 5897 hwamei.ho@frost.com
Vietnam is emerging as an important Electronics Manufacturing Services (EMS)/Original Device Manufacturers (ODM) and semiconductor manufacturing services destination. In January 2007, Vietnam entered the World Trade Organization.
Vietnam's low-cost of labor, availability of trainable local population and favorable government policies are attracting global EMS/ODM companies to set-up operations in this country.
The government's emphasis on making electronics a key export earner is pushing Vietnam to migrate to the path of high-tech industry. The country is also experiencing rapid increase in semiconductor consumption. Many investors feel that it is easier to do business in Vietnam than in China due to lesser regulatory hassles and government business-friendly policies.
The country has been witnessing double-digit growth rate. In recent years, electronics and IT industries have recorded the average growth rate of 25-35% a year.
Vietnam will soon emerge as a tough competitor to other well established neighbors in Asia. It is to been seen if Vietnam will emerge as a viable alternative.
Highlights of this analyst briefing includes an analysis of Drivers and Challengers for Vietnam's EMS/ODM and Semiconductor Industries, Education System and Labor Force, Vietnam's Semiconductor Consumption, Leading OEMs in Vietnam and also a discussion on macroeconomic indicators such as GDP growth, FDI inflow, and labor costs. We will also provide an update of
related and upcoming research and an opportunity for a question and answer session with the analyst.
This briefing will benefit Original Equipment Manufacturers (OEMs), component manufacturers, EMS, ODMs, electronics component distributors as it discusses key competencies of Vietnam in addition to providing trends and factors impacting the growth of ESM/ODM services and semiconductor industry in Vietnam and semiconductor consumption forecasts.
Akkaraju Venkata Sridevi, Research Analyst for the Semiconductors Automation & Electronicsof Frost & Sullivan Asia Pacific says, "The electronics industry in Vietnam is still very young and it's rapidly developing due to high priority in the government's development strategy. The main products are printers, computer and mobile phone telephone parts, circuit boards, etc. Vietnam's electronics industry targets to reach US$ 5 to 6 billion in production value by 2010. Vietnam has also become a heaven for investors from Korea and China. Intel has tripled its investment in Vietnam to US$ 1 billion."
Sridevi also sates that Vietnam is the next emerging destination for investments after China and India. "The economic growth rates spell success for the country. Vietnam's economy is the fastest growing economy, second only to China, in the Asian region. Vietnamese Government support to establish industry parks, good physical infrastructure, the availability of English-speaking workforce and low labor costs are all factors that make Vietnam an attractive destination."
Join us as Sridevi shares her insights on Vietnam as the next technology-driven nation in the region. Those interested in registering for the interactive webinar should send an email to Corporate Communications - Donna Jeremiah at djeremiah@frost.com with the following information: full name, company name, title, telephone number, e-mail address, city, state and country. The registration details will be emailed to you upon receipt of the above information.
Frost & Sullivan, the Growth Partnership Company, partners with clients to accelerate their growth. The company's TEAM Research, Growth Consulting and Growth Team Membership empower clients to create a growth-focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents. For more information about Frost & Sullivan's Growth Partnerships, visit http://www.frost.com.
Frost & SullivanCorporate Communications - Asia Pacific:Donna Jeremiah, +603 6204 5832 djeremiah@frost.com or
Hwa Mei Ho, +603 6204 5897 hwamei.ho@frost.com
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