Workers at a furniture plant in Binh Duong. Photo: Cissy Zhou

As trade war rages, Chinese firms in ‘malignant’ battle for talent and territory in Vietnam

  • As firms seek alternatives to China to avoid increased tariffs imposed by US President Donald Trump, Southeast Asian nation is feeling the pressure
  • One Chinese businessman says: ‘You fill a job with three people in China, [in Vietnam] you probably have to recruit five’
Topic |   China economy

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Workers at a furniture plant in Binh Duong. Photo: Cissy Zhou
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A total of 16 of the 21 Chinese companies that have relocated to the China-Vietnam (Shenzhen-Haiphong) Economic and Trade Cooperation Zone did so after the start of the US-China trade war. Photo: Cissy Zhou

Inside China’s state-owned industrial park in Vietnam, Beijing’s image trumps trade war profits

  • China-Vietnam (Shenzhen-Haiphong) Economic and Trade Cooperation Zone is only Chinese state-owned industrial park in Vietnam
  • Venture has attracted increasing interest since start of US-China trade war, but operators say first duty is to support Xi Jinping’s trade initiative
Topic |   China economy

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A total of 16 of the 21 Chinese companies that have relocated to the China-Vietnam (Shenzhen-Haiphong) Economic and Trade Cooperation Zone did so after the start of the US-China trade war. Photo: Cissy Zhou
READ FULL ARTICLE