http://www.economist.com/news/finance-and-economics/21703376-having-attained-middle-income-status-vietnam-aims-higher-good-afternoon-vietnam

Quote
It is far from alone. Foreign direct investment in Vietnam hit a record in 2015 and has surged again this year. Deals reached $11.3 billion in the first half of 2016, up by 105% from the same period last year, despite a sluggish global economy.

It certainly felt like a place in major transition when we were there.

Yeah, and it means labor prices will go up.

Though it sounds like it is going to take a while according to that article, with a lot of the population still in the country-side.  Funny how the article mentions Brazil, I kept thinking about the contrasts between VN and Latin America when I was there.

Countries like Vietnam that depend a lot on low-skill sewing jobs are in a race to move away from sewing as a mainstay before the sewing robots show up.

Fortunately, sewing robots is a *really* hard problem to solve

Unfortunately, it's getting really close
http://www.npr.org/sections/money/2016/08/03/488611449/episode-715-the-sewing-robot

Sewing robots... love the idea

QuoteYeah, and it means labor prices will go up.

Yes and in the UK, with the dive on the £, costs are going up. Not just product, but transport too.