Why more European firms are choosing Vietnam over China 08.06.2022

Deutsche Welle | Jun 8, 2022 at 2:00 AM
  • Vietnam was one of the few Asian countries that did not experience an economic contraction during the coronavirus pandemic in 2020 and 2021.
  • The EU and Vietnam ratified a free-trade agreement in 2020.
  • Muller, of the German Asia-Pacific Business Association, noted that European decoupling from China depends largely on where the business is located.