News / China joins supply chain shift and wants its hi-tech firms to invest in Vietnam

The shift of Chinese manufacturing to Vietnam is set to “accelerate” after a high level meeting in Beijing.

Vietnam’s general party secretary Nguyen Phu Trong met President Xi, who said China planned to build a “stable supply chain” with its southern neighbour.

He said: “China is willing to accelerate linking development strategies with the Vietnamese side, promote connectivity between the two countries and jointly build a stable industrial supply chain system.”

This would include China encouraging its tech companies to invest in Vietnam, ...