mandag 3. juni 2019

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

In the small province of Binh Duong in southern Vietnam, trucks crowd a small road leading to the port from sunrise to sunset, with a few cars and motorbikes honking their horns impatiently among them. During the morning and evening rush hours, traffic jams can last for more than an hour, as bottlenecks of trucks carry cargo to and from Cat Lai Port, the biggest and busiest container terminal in Vietnam. The difficulty navigating this sole access road reflects an increasingly challenging environment for manufacturers in Vietnam across the board, as the country’s production hubs become ever more crowded and expensive.