Inforgaphics: Outsourcing facts and figures

VGP - Viet Nam had 1,740 outsourcing companies in 2016, creating one million jobs, according to a general economic census released recently by the General Statistics Office.

December 19, 2018 4:37 PM GMT+7

This is the first time, the General Statistics Office incorporated this kind of information in the general economic census.

The export value of outsourced products was US$32 billion, making up more than 18% of Viet Nam’s total export revenues.

The top outsourcing areas included garments and textiles, footwear, electronics, and phones, the census shows.

Outsourcing companies gained US$ 8.6 billion in profits in 2016 but the majority of the companies were owned by foreign investors. Vietnamese companies’ profits only accounted for 26.4%./.

By Quang Minh