(Bloomberg Opinion) — A young labor force, a real estate boom, a politically stable Communist-led country that can reap riches through exports and a friendly relationship with the U.S. — many have compared Vietnam to what China was more than two decades ago. Add one more trait to this mix as we enter the 2020s: profitless prosperity.With Vietnam quickly moving up the global supply chain, the Southeast Asian nation has been hailed as the biggest winner out of the current U.S.-China trade spat. High-profile relocations underscore the point. Alphabet Inc.’s Google is shifting production of Pixel smartphones, while Samsung Electronics …read more
Source:: Yahoo Finance
