Trade deal hopes put Vietnam on radar

After years of sharp inflation, bad bank loans and slowing growth, Vietnam is back on the radar of investors as Chinese manufacturers race to expand in the country in the expectation of securing duty-free privileges on their apparel exports to the United States.

If Vietnam can close a deal with the US and nine other countries participating in the next round of talks of the Transpacific Partnership Agreement (TPP), it could halve or nullify a 17 per cent duty the US currently levies on Vietnamese garment exports.

via Business feed http://www.scmp.com/business/companies/article/1246819/trade-deal-hopes-put-vietnam-radar