Vietnam faces risk of rising trade deficit with RCEP members
There could be a shift in trade movement as Vietnam’s trading advantage against China is diminished given the presence of the RCEP.
There could be a shift in trade movement as Vietnam’s trading advantage against China is diminished given the presence of the RCEP.
The Vietnamese government hopes multinationals, including Intel, to support Vietnamese enterprises in joining global value chains.
Vietnam holds a number of advantages against other countries at a time when investors are looking to exit China, according to experts.