Why the Vietnam ‘detour’ for US-bound Chinese goods hit a dead end (opens original article in a new tab)

Chinese textile exporter Jasan Group abandoned a Vietnam factory investment due to delays and uncertainties, reversing earlier strategy to avoid US tariffs.

• Chinese textile exporter Jasan Group abandoned a 180 million yuan factory investment in Vietnam after delays and uncertainties.
• The company initially moved production to Vietnam to avoid US tariffs but faced a sudden reversal in strategy.
• Chinese exporters in Vietnam are experiencing rapid shifts in business conditions despite initial tariff avoidance benefits.