04 Oct 2022

Webinar | October 26, 2022 – Copy

By Melinda Stanley

EWA Roundtable With Two Senior Executives in Vietnam and Thailand

Companies are increasingly diversifying their Operations and Supply Chain from China to improve future operational stability.

C-level executives are taking diversification actions because of current economic and geopolitical challenges in China, including COVID lockdowns, China/Taiwan/U.S. tension, US/China tariffs, rising Chinese labor and logistical costs, dependable transport to customer base, and an increasingly bureaucratic regulatory environment in China.

Why are companies considering Vietnam or Thailand?

Decision factors include:

Continue to serve their customer bases in China and growing Southeast Asia
Facilitate the export of products to customers in Europe and the U.S.
Take advantage of favorable trade agreements to avoid China/U.S. tariffs
Guarantee an available supply of raw material and component products

Speakers

Ben Dobbs, Managing Director APAC at Alliance Laundry System LLC – Chon Buri, Thailand

Co-Chairman of Manufacturing Committee, American Chamber in Thailand
Chairman Eastern Seaboard Directors Club

Jacob Miller, Asia Managing Director – Ho Chi Minh City, Vietnam

Former Supply Chain and Engineering Manager – GE & Honeywell China
Former Supply Chain and Engineering Manager – CIATEQ & Conceptos Para el Hogar, Mexico

Topics included challenges and opportunities when establishing operations and supply in Thailand or Vietnam:

Availability of raw materials and components
Identification and qualification of local vendors
Comparative labor rates and availability of technically skilled personnel
Current business and regulatory environment
Logistics & connectivity
Industry sectors that relocate predominately to Thailand and Vietnam
Covid travel restrictions and ease of doing business
Availability and quality of existing lease facilities, greenfield sites and ability to customize
Availability of government incentives, including tax, export and personnel training

Watch Our Webinar and Download Slides

Loading...