Vietnam is ripe for private equity investors as US-China trade war drags on
2019-08-29 09:37:36 source：CNBC
August 29, 2019
The prolonged trade fight between the United States and China is reordering the global supply chain and Vietnam could stand to be a winner for investors, according to a senior executive at U.S. investment firm General Atlantic.
As American companies plan to move their manufacturing bases outside China, countries in Southeast Asia could be the biggest beneficiaries, Sandeep Naik, head of India and Southeast Asia at General Atlantic, told CNBC’s “Street Signs ” on Tuesday.
“If you look at certain sectors like auto and chemicals, you see a large outflow of those manufacturing opportunities moving to Vietnam,” he said, adding that the investor community is closely watching for new investment destinations in the region.
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