HO CHI MINH Metropolis, Vietnam—With the U.S. and China tangled in a unpleasant trade struggle, this need to be Vietnam’s time to shine. As a substitute, it is becoming ever more distinct that it will be yrs, if at any time, in advance of this Southeast Asian country and other aspiring producing places are ready to swap China as the world’s manufacturing facility ground.

The specialized supply chains that manufactured China a production powerhouse for smartphones and aluminum ladders and vacuum cleaners and dining tables are nowhere in close proximity to as made in Vietnam. Factories…



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