Continued uncertainties about the outcome to the U.S.-China trade war may be leading companies to accelerate changes in their supply chains to include sourcing from other countries. Vietnam has been one beneficiary of that process over the longer-term. Vietnam’s export development has been rapid. Electricals and electronics became 32.4% of exports in 2016 compared to 5.9% in 2007. That’s twice as fast as China which has reached 26.4% in 2017 from 13.4% in 1997. Vietnam’s export growth outpaced China in 2017 with 21.6% year over year growth compared to China’s 7.9%. More recently Vietnam...
Supply Chain Research
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