Vietnam’s Export Machine is Upgrading

Southasian nations are becoming an attractive alternative to China as the world redraws its trade map. But they need to fight much harder if they want to lure away more of the tech supply chain. Vietnam is a good case in point. 

Vietnam’s economy expanded by 13.7% year on year in the third quarter, supported by stronger exports to the U.S., a low base effect and a sharp recovery in private consumption, official data showed last week.