Economic and Trade Insights

This blog covers economics and trade, and provides in-depth analysis of economic and trade issues.

There has been news recently that Vietnam's exports have overtaken Shenzhen's. This is in addition to the fact that the rapidly rising prices of homes in Ho Chi Minh City, Vietnam are now greater than many well-known Chinese cities such as Guangzhou.  This seems to confirm that the world is starting to see potential in Vietnam. Will Vietnam replace China as the next world factory? How does this affect competition between China and Vietnam? What kind of pressure does this put on both countries?