Dajia Picks

For a lifetime, compare yourself with the people around you. When you win, you swell with pride; when you lose, you hang your head in shame. You never realize there’s a bigger world out there and an easier path to take.

Step one: understand what the current timing is all about.

Step two: figure out the right entry point for this moment.

Step three: based on your own situation, decide what you should do right now.

You see “sow and reap,” but there are two reasons: one is that he sows, and the other is that he sows in spring. The latter is what many people tend to overlook.

Overall, no.

On one hand, there's the constraint of limited land area, making a "super factory" difficult to realize. On the other hand, Vietnam's labor force is smaller than China's, and wages are rising quickly. They've already reached around 3,500 RMB — significantly higher than wages in inland Chinese county-level areas. In short, the overall cost of setting up a factory in Vietnam is roughly 20% higher than in China.

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