Manufacturers complain that as well as not having China’s famed production capacity and labour efficiency, in Vietnam, they cannot safeguard their asset investments and have to put up with increasingly strict environmental and social security requirements. Photo: Xinhua

Chinese manufacturers returning home from ‘inefficient’ Vietnam despite US trade war tariffs

  • Rising costs of labour and land in Southeast Asian nation, as well as inability to find ‘efficient’ workers, forcing some firms to reconsider fleeing Donald Trump’s tariffs
  • President Xi Jinping agreed a tariff truce with his US counterpart at the G20 summit in Osaka, but firms now exploring options in Thailand, Bangladesh and Myanmar
Topic |   US-China trade war

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Manufacturers complain that as well as not having China’s famed production capacity and labour efficiency, in Vietnam, they cannot safeguard their asset investments and have to put up with increasingly strict environmental and social security requirements. Photo: Xinhua
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