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

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.

Please or to continue reading the full article.

Get unlimited access to all stories at $0.99/month

  • Latest headlines and exclusive stories
  • In-depth analyses and award-winning multimedia content
  • Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*

*Terms and conditions apply.

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