China’s exports to Vietnam in 2024 rose almost 18% to a record US$162bil.
HO CHI MINH CITY: Vietnam overtook Japan as China’s third-largest export destination for the first time, as US tariffs force companies to find new suppliers to avoid levies, while continuing to rely on Chinese manufacturers for components.
China’s exports to Vietnam in 2024 rose almost 18% to a record US$162bil, according to data released by China’s customs administration on Monday.
