Vietnam’s shipments of electrical machinery to the US climbed 58% in the first eight months of 2012 compared to the same period last year. China’s sales in the same category rose 11%, according to US International Trade Commission data. Intel and Samsung are among a growing roster of companies setting up in Vietnam to escape rising labor costs across much of the rest of Asia, from China to Thailand.
Vietnam is luring US and South Korean tech companies away from China
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