Supply chains are complex, and despite Vietnam’s tariff-induced windfall, companies are now finding out how difficult it is to wean themselves off China. Photo: Reuters
Coronavirus: Vietnam lured factories during trade war, but now faces big hit as parts from China stop flowing
Vietnam became the destination of choice for firms looking to avoid trade war tariffs, but the coronavirus has left many cut off from their suppliers
The Southeast Asian nation is more exposed to China’s supply chain than any other country in region, research shows, with companies across the board set to take a hit