An aerial view of Ho Chi Minh City's skyline and skyscrapers. (iStock)

Vietnam's cautionary tale on benefiting from the trade war and the BRI

Vietnam is a rising star amongst Southeast Asian economies. Its GDP totalled US$238.5 billion in 2018 and its economy grew more than 7%, the fastest it has grown since the 2008 global financial crisis. Many said Vietnam is benefiting from the China-US trade war and stands to gain from Chinese investments and the BRI. But what is the reality? Researcher Yu Hong was in Vietnam to find out.