Vietnam is ready for the opportunity!!

With an export economy which is double the size of its GDP, Vietnam was ranked No. 1 among seven emerging Asian countries as manufacturing destinations by Natixis, which looked at demographics, wages and electricity costs, rankings in doing business and logistics, and manufacturing as a share of total foreign direct investment.

A red-hot economy, business-friendly policies and a Communist party led by free-traders: that’s the elevator pitch Vietnamese Prime Minister Nguyen Xuan Phuc is delivering to global investors amid the U.S.-China trade war.

Many companies are moving their Asian manufacturing to Vietnam, including Samsung Electronics which accounts for one-fifth of the country’s exports. Vietnam’s profile is also benefiting from increased global attention with the next Trump & Kim meeting to be hosted in Ho Chi Min City.

Bloomberg Davos Australian Trade and Investment Commission (Austrade)Haymarket HQA

#vietnam

#tradewar #Manufacturing #China #USA #FreeTrade #TPP #davos19  #exports#asia #startups

https://www.linkedin.com/feed/update/urn:li:activity:6493946861861339136

https://www.bloomberg.com/news/articles/2019-01-20/vietnam-makes-pitch-as-an-investor-safe-haven-in-trade-war

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