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US-China trade war is a gift that keeps on giving for Vietnam

2019-05-09 09:58:33       source:South China Morning Post

May 8, 2019

Foreign investors have continued to flock to Vietnam’s factory districts as the trade war between the United States and China approaches its second year.

US President Donald Trump’s threats to deepen the US-China trade war with further tariffs could accelerate the inflow of manufacturing investment, but those who have chosen to “wait and see” so far my face a more competitive environment as factory districts fill up, analysts have said.

Many manufacturers in China considered shifting more production to Southeast Asia after the two sides started their tariff tit-for-tat, fearing the impact of higher levies on Chinese-manufactured goods on sales to the US market.

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