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Vietnam tops global outsourcing market for first time: study

Friday, March 27, 2015, 19:23 GMT+7
Vietnam tops global outsourcing market for first time: study

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.

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