Okay, enough trash talk, lets back to the topic.Even Chinese also try to run away from CN now to avoid Trade war.
@TaiShang : even Cnese say bye bye to CN now.
Google translate
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China tops FDI investors in Vietnam in the first quarter of 2019
Vietnam macroeconomic report in the first quarter of 2019 of the Institute of Economic and Policy Research (VEPR) has just announced that the total investment capital of the foreign-invested enterprises (FDI) increased 7.52% compared to the same period last year. New registered capital reached 3.82 billion USD, increased by 80.1%. Additional capital also increased by 1.3 billion USD.
According to VEPR, China has risen to become Vietnam's largest foreign investor in the first quarter of 2019 with a total capital of 723.2 million USD. The next positions belong to Singapore with 690.8 million USD, South Korea 547.3 million USD, Hong Kong 456.4 million USD.
The rise of FDI from China has been assessed to partly realize the forecasts of many experts in the past on the shift of investment capital into Vietnam to avoid US-CN trade tension and the CPTPP agreement.
As a neighboring country, China is now not only the largest trading partner but also Vietnam's largest investment partner in the first quarter of 2019. Associate Prof. Dr. Pham The Anh, VEPR's chief economist, said that this would have a great impact on Vietnam's economy.
Accordingly, China's FDI role to Vietnam in addition to its positive sources of capital, job creation and contribution to growth, massive investment from neighboring countries can also entail much. environmental risks and foreign labor management.
Mr. The Anh said that not only Vietnamese enterprises but also Chinese enterprises in Vietnam are now in part to take advantage of the opportunities that Vietnam has when participating in such free trade agreements. gender.
http://baodatviet.vn/kinh-te/thi-truong/trung-quoc-thanh-nha-dau-tu-lon-nhat-tai-viet-nam-3378091/