Vietnam is Becoming a Powerhouse

I found an article on Bloomberg Business they published an article titled "Meet Asia's New Manufacturing Powerhouse: Vietnam". The article says that Vietnam is becoming a power house because they have a young population and have low wages. I can't imagine this wages in China are low how much are they paying the people in Vietnam empanadas are payment. Vietnam is going to compete with China, South Korea, and Thailand. The article also shows that Vietnam is borrowing more money from HSBC and is manufacturing a lot of products. Last year Vietnam became one of the biggest exporters of products to the US. Companies that are in Vietnam are Intel, Siemens, and Samsung. They also have a lot of shoe apparel companies yet again the article says that Vietnam has cheap wages lower than China. This is great for Vietnam, but its not great for the common people who have to work these horrible hours and conditions. But, Vietnam does not like Chinese factories in Vietnam they protested and had Chinese companies closed they do not want anything to do with China.