A Ted Baker brand shirt at a factory in Hanoi. Photo: AFP
Why EU-Vietnam free-trade deal can’t topple China as world’s factory
- Agreement to slash tariffs should boost European investment in Asia’s ‘export rock star’, but is no silver bullet for post-coronavirus recovery, experts say
- And don’t expect an exodus of manufacturers from China to Vietnam, they add. Hanoi relies on its neighbour and can’t replicate its scale even if it tried
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Coronavirus pandemic
A Ted Baker brand shirt at a factory in Hanoi. Photo: AFP