Vietnam has become the world’s top outsourcing destination for the first time in terms of costs, risks, and operational conditions, according to a new study released this week by global real estate adviser Cushman & Wakefield (C&W).
Newswire Vietnamplus reported Wednesday that the Southeast Asian country took first place in the C&W ranking, unveiled on Tuesday, as labor costs in China and India are increasing.
According to C&W, Vietnam has become a more attractive market thanks to several government reform policies which aim to promote the country as a key outsourcing destination.