HCMC is being affected, not only by the escalating trade war between China and the United States, but also by the Japan-South Korea trade dispute.

The flow of foreign direct investment (FDI) is seeking a safe haven as the Sino-American trade war has yet to show a sign of ending.

Some have opined that spurred by the Sino-American trade war, Vietnam is likely to become a new world’s factory in place of China. Nevertheless, it is the quality of that factory which counts, argue many economists.

The prolonging trade war between the US and China makes it easier for Vietnam to continue its upward trajectory toward becoming a developed economy, Bennett Murray recently wrote on the ‘Foreign Policy’ paper.

 VietNamNet Bridge – At the close on July 20 the share price of Tay Ninh Cable Car Tour Joint Stock Company (TCT) stood at VND67,000, slightly up for the year but with a gain of 40 per cent from a year ago.