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High-tech FDI shouldn’t be taken for granted

High-tech FDI shouldn’t be taken for granted

Vietnam has emerged as a destination for large tech firms as the trade dispute between the US and China continues to intensify with no end in sight. However, whether and how much Vietnam can take advantage of the shifting FDI flow out of China remains to be seen.

Vietnam - a growing electronics production base

Vietnam - a growing electronics production base

VOV.VN - Major original equipment manufacturers and contract assemblers contemplate moving production facilities out of China to lower-cost production bases in Southeast Asian countries, including Vietnam, to avoid high US tariffs on exports, a research entity from Fitch Group has stated.

US-China trade war to exert pressure on local production: official

US-China trade war to exert pressure on local production: official

Domestic production has faced strong competition as the US and China are increasing exports to Vietnam on the back of their escalating trade war, head of the Ministry of Industry and Trade’s Trade Remedies Authority of Vietnam Le Trieu Dung said on August 9.

US-China trade war badly impacts Vietnam’s export: Expert

US-China trade war badly impacts Vietnam’s export: Expert

The escalating trade tension between the US and China will cause considerable impact on Vietnam’s export, according to Pham Tat Thang, head of the Institute for Trade Research under the Ministry of Industry and Trade.

Can Vietnam benefit from US-China trade war?

Can Vietnam benefit from US-China trade war?

The figures about imports/exports and investments in the first months of the year show that Vietnam did not receive big benefits from the trade war as estimated by some US agencies and media. In fact, the risks remain high.

Order shortages put apparel exports at risk

Order shortages put apparel exports at risk

VOV.VN - The widespread shortages of orders could hinder the local apparel sector from enjoying an export growth rate of at least 11 per cent during the second half of 2019, therefore putting the full-year export target at risk.

Trade war to benefit Vietnam’s fashion sector

Trade war to benefit Vietnam’s fashion sector

VOV.VN - Vietnam and Bangladesh are forecast to reap benefits from becoming alternative sourcing destinations as the fashion sector is reckoned the most exposed amid an escalating US - China trade war with the US tariff threat of additional US$300 billion of Chinese imports, according to Fitch Solutions analysts.

Enterprises urged to prepare for escalating US-China trade war

Enterprises urged to prepare for escalating US-China trade war

Vietnamese exporters have been urged to prepare for any trade-related lawsuits and disputes arising from the escalating US-China trade war amid concerns that the two major powers will not reach an agreement at a meeting in Japan this month.

Enterprises warned against exchange rate risks

Enterprises warned against exchange rate risks

VOV.VN - Firms must consider measures on how to mitigate exchange rate risks such as forward and swap dealings in the face of the foreign exchange market undergoing sharp fluctuations, experts have noted.

US-China trade war to hamper Vietnam’s GDP

US-China trade war to hamper Vietnam’s GDP

VOV.VN - Vietnam’s GDP value could suffer a slump of VND6 trillion (US$26.01 million) in the next five years due to impacts of the US-China trade war, Deputy Prime Minister Pham Binh Minh has cited preliminary calculations as saying.

Asia and the US-China trade war

Asia and the US-China trade war

VOV.VN - The annual conference on the Future of Asia is being hosted by the Nikkei Inc in Tokyo from May 30-31. High on the agenda of the conference is the trade war between the US and China and its impacts on Asia.

Vietnam advised to stimulate domestic consumption

Vietnam advised to stimulate domestic consumption

The escalating US-China trade war has affected many other countries, including Vietnam, said Prof. Liu Ying of the Chongyang Institute for Financial Studies under the Renmin University of China.