Vietnam stands to gain from trade war

The US-China tariff war and the new trade deals Vietnam is participating in have seen Vietnam emerging as a major beneficiary.
The US-China tariff war and the new trade deals Vietnam is participating in have seen Vietnam emerging as a major beneficiary.PHOTO: AFP
Published
May 11, 2019, 5:00 am SGT
US Bureau Chief
nirmal@sph.com.sg

WASHINGTON • Vietnam is emerging as a major beneficiary of the trade war, with a string of American companies operating in China seeing the nation as the top choice for relocation.

Analysts say Vietnam offers the most competitive cost and skills as well as access to a range of other countries with which Hanoi has, or is negotiating, free trade agreements.

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A version of this article appeared in the print edition of The Straits Times on May 11, 2019, with the headline 'Vietnam stands to gain from trade war'. Print Edition | Subscribe
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