A Study On Economic Globalization And The Investment Of Foxconn Technology Group In Vietnam

During the period of economic globalization,the greatest opportunity for an enterprise is that it can allocate production factors in the global market so that it can maximize its profits at the lowest cost.The biggest challenge is the structural unemployment with the hollowing industry as well as the newly-emerging markets without order.This article is divided into four chapters.Take Hong Hal Group investment in Vietnam as an example,this article has detailed its investment opportunities in Vietnam,the current situation in Vietnam,as well as future challenges. This article concludes that Hon Hai Group had successfully used the opportunities of economic globalization and achieved a very substantial development in Vietnam. Hong Hai Group,however,also need to conquer such problems from the newly-emerging market of Vietnam as strike,labor costs and political corruption,as well as its industrial hollowing-out in the mainland China and Taiwan.