Home » Vietnam attracts German companies – but is the country really better than China?

Vietnam attracts German companies – but is the country really better than China?

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Vietnam attracts German companies – but is the country really better than China?

Tesa boss Goldberg continues to enthuse: Vietnamese are courting companies “with a lot of energy and verve”. The country also lured his company with “extremely good” tax incentives. “We found a great environment, a business park with sustainable electricity supply and so on.”

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Those responsible in Vietnam had “well supported” Tesa. Nevertheless: The country is run by a communist regime. “There is no need to be under any illusions, but the countries in Southeast Asia all have certain political complexities.” Tesa discussed the new production location in the region for a long time and asked itself “maybe it should be Thailand or Vietnam or Malaysia.” “I think the company made the right decision.”

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