ANALYSIS-How China Inc is marching into Vietnam amid US tariffs
Chinese firms are increasing investments in Vietnam, defying US tariffs and pressure to decouple. This expansion includes tech transfers and joint ventures, with Chinese brands growing in Vietnam's EV, retail, and e-commerce sectors. Despite US pressure, Vietnamese imports from China surged, reflecting Vietnam's economic shift towards China. This trend may affect Vietnam's relations with Western countries, as it balances foreign ties amid rising Chinese influence.
