Do you think Vietnam can scale to service global consumption? I think India’s middle class is growing so rapidly that they may not want to make ‘stuff’ for us.
Remember, although China has over 1.4 Billion people, they flooded with world with AT MOST perhaps 25% of the Chinese in that export system/economy, even now, most of the people live in the interior, which hasn’t seen the changes that the coastal regions have experienced. Vietnam has about 85 million people now, labor is cheap, and our favorite company, Apple uses Foxconn of Taiwan, with Foxconn city in China as the prime assembly factory with 240,000 employees at ONE facility. Foxconn, in order to keep it lowest cost producer standing, is going to move to Vietnam where it has built another huge city/state/factory with 300,000 employees FOXCONN VIETNAM
India I believe will skip small electronics assembly, and go directly into heavy industy, high end products, and focus more on industrial than consumer production. Don’t forget, that everyone in India is given English if they are educated, giving them a huge advantage right out of the box in a globalized world economy where English is the language of commerce and diplomacy.




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