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0.000117799505242138 0.000176699257863124 0.000235599010484276 0.000235599010484109 0.000973612910825786 0.0016491930733891 0.00129579455766285 -0.00141359406290499
Stock impact report

Vietnam strains to reap the rewards of the U.S.-China trade war [Los Angeles Times (CA)]

Alibaba Group Holding Ltd ADS (BABA)  More Company Research Source: Los Angeles Times
Last alibaba group holding ltd ads earnings: 11/1 07:09 am Check Earnings Report
US:NYSE Investor Relations: alibabagroup.com/en/ir/home
PDF Vietnam strains to reap the rewards of the U.S.-China trade war The requests that textile factory manager Huynh Thi Ai Diem receives are almost always the same: A foreign company is desperately trying to relocate production from China to Vietnam. Tariffs imposed by the U.S. have eaten away their profit margin. Can she help? Huynh would like nothing more but is swift to provide a reality check. She only has enough workers, raw materials and factory space to produce one-fifth the volume of bath towels and apparel churned out by her chief competitors in China. Her prices are competitive, she says, but contrary to popular belief, they aren't cheaper than those of her Chinese rivals. “Our prices are reasonable and we can deliver good quality, but we can only take small orders,” said Huynh, a manager at Phong Phu, a 54-year-old manufacturer. Few countries have benefited more than Vietnam from the year-old trade war between the United States and China . Companies, already under pressure from [Read more]
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