Americans Snap Up Imports From Vietnam at China’s Expense

[Viet]

• U.S. orders from Vietnam surged 40% in first quarter
• Nation will overtake U.K., Italy, France at that pace

https://www.bloomberg.com/amp/news/...ping-up-vietnamese-imports-at-china-s-expense

By
Michelle Jamrisko
May 27, 2019, 9:33 PM EDT

Vietnam was one of the fastest-growing sources of American imports from Asia last quarter, and could potentially overtake the U.K. as a bigger supplier to the U.S. if it keeps up that pace.

Imports from the Southeast Asian economy jumped 40.2% in the first three months of 2019 from a year earlier, while orders from South Korea rose 18.4%, latest U.S. Census Bureau data show. At the same time, American imports of Chinese goods plunged 13.9% as trade tensions heated up.

If Vietnam’s pace of growth can be sustained for a full year -- which would be a major feat -- it could leapfrog Italy, France, the U.K., and India in the ranks of top exporters to the U.S.

 

[Viva_Viet]

Wow, seem like we will overtake SK soon.

 

[Viet]

Wow, seem like we will overtake SK soon.

The US should allow tariffs free car imports from Vietnam. Donald Trump can take money from rich countries instead. Win win.

 

[Viva_Viet]

The US should allow tariffs free car imports from Vietnam. Donald Trump can take money from rich countries instead. Win win.

True, VN willing join TPP and accept being sue by US corporation. we r very open to US. So, Trump should make the right choice to "make US great again"