Vietnam Poised to Benefit from US-China Trade Tensions Under Trump 2.0 - PRESS AI WORLD
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Vietnam Poised to Benefit from US-China Trade Tensions Under Trump 2.0

share-iconThursday, January 02 comment-icon2 weeks ago 6 views
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Vietnam Poised to Benefit from US-China Trade Tensions Under Trump 2.0

Credited from: SCMP

  • April 30 marks the 50th anniversary of the end of the Vietnam War, leading to a strong partnership between the US and Vietnam.
  • In light of rising US-China tensions, Vietnam is emerging as a strategic manufacturing site due to its competitive costs and stability.
  • Tensions have prompted companies like Apple, Samsung, and Nike to shift production to Vietnam, viewing it as an attractive alternative to China.
  • The US’s potential trade policies under Trump could lead to significant hi-tech investments in Vietnam, particularly in the semiconductor industry.
  • Vietnam's economic partnership with the US may also strengthen due to enhanced defense cooperation addressing regional security concerns.

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Gloria Terra

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