Vietnam Given Best Odds to Gain from Sino-US Trade Dispute

The world’s largest contract assembler of consumer electronics, Foxconn Technology, as well as a prominent producer of wireless earphones may be in talks to locate production in Vietnam, instead of the once more obvious choice, China, to escape the Sino-U.S. trade dispute. And business experts in Vietnam say many more export producers are planning the same kind of move.Vietnam is poised to receive the world’s biggest inflow over the next year of multinationals fleeing the almost year-old trade dispute. People who know the country cite geography, low costs, pro-investment policies and lack of trade friction with the United States as advantages. It’s also on track to sign a free trade pact with the European Union and another with 10 fellow Pacific Rim countries.A boost in new factories would mean more jobs and higher incomes for Vietnamese, where the middle class is mushrooming...........

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