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US and the West pivot to Vietnam

Hey, if we'd known we wouldn't have spent 10 years invading your ass! Sorry!

It’s a gloomy time for the global shipping industry—collapsing container rates, falling profits and revenue, and rising costs. Meanwhile, manufacturers are trying to diversify supply chains to be less reliant on China.

One country has emerged as a critical node amid the reshaping of global trade flows: Vietnam.

Mary Hui looks at Vietnam’s rising importance, and other ways that the shift of manufacturing out of China is shaking up shipping.

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