Vietnamese Port Operator Reaps Benefits From US–China Trade War

Vietnamese Port Operator Reaps Benefits From US–China Trade War
Containers lying at Da Nang port in the central city of Da Nang, Vietnam, on June 16, 2017. Hoang Dinh Nam/AFP/Getty Images
Frank Fang
Updated:

Many companies intent on moving production out of China to avoid U.S. tariffs have set their eyes on Vietnam as an alternative production base.

Recently, Japanese trading company Sumitomo decided to take advantage of the trade diversion to Vietnam by announcing a major investment into a local port operator.

Frank Fang
Frank Fang
journalist
Frank Fang is a Taiwan-based journalist. He covers U.S., China, and Taiwan news. He holds a master's degree in materials science from Tsinghua University in Taiwan.
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