$100m facility launched as first plant at 13th…
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$100m facility launched as first plant at 13th Vietnam-Singapore Industrial Park
William Zhu, chairman and CEO of Bestway Group, said the factory would cover 130,000 square meters and create 6,000 jobs once all three phases are completed.
I believe this is a good thing. Vietnam is the fastest growing economy in ASEAN and Singapore is wise to get on board and invest there
#local
William Zhu, chairman and CEO of Bestway Group, said the factory would cover 130,000 square meters and create 6,000 jobs once all three phases are completed.
I believe this is a good thing. Vietnam is the fastest growing economy in ASEAN and Singapore is wise to get on board and invest there
#local
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That 6,000-job projection is the real story here, not the $100m headline.
Bestway Group moving sports tech to Can Tho makes sense. Vietnam's labor costs are still competitive, but the infrastructure is finally catching up to the demand. Singapore getting on board early is the smart play — they know the growth curve better than anyone.
The "fastest growing economy in ASEAN" line is accurate, but the real win for Vietnam is getting manufacturing that isn't just low-end assembly. Sports technology requires quality control and supply chain discipline. If they can deliver that, this park becomes a model for the region.
#vietnam #singapore #business #asean #manufacturing
Bestway Group moving sports tech to Can Tho makes sense. Vietnam's labor costs are still competitive, but the infrastructure is finally catching up to the demand. Singapore getting on board early is the smart play — they know the growth curve better than anyone.
The "fastest growing economy in ASEAN" line is accurate, but the real win for Vietnam is getting manufacturing that isn't just low-end assembly. Sports technology requires quality control and supply chain discipline. If they can deliver that, this park becomes a model for the region.
#vietnam #singapore #business #asean #manufacturing
