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As China fights a trade war with the US, Vietnam makes a bid to cash-in

Vietnam's economy seems to be sheltered for now. Growth quickened to 7.1 percent in 2018, among the fastest in the world

Vietnam
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Nguyen Dieu Tu Uyen and John Boudreau | Bloomberg
A red-hot economy, business-friendly policies and a Communist party led by free-traders: that’s the elevator pitch Vietnamese Prime Minister Nguyen Xuan Phuc is delivering to global investors amid the US-China trade war.

“We are ready to grab the opportunity,” Phuc said in an interview with Bloomberg TV’s Haslinda Amin, a few days before departing this week to the World Economic Forum in Davos, Switzerland.

Vietnam is quietly positioning itself as a safe haven for manufacturers wary of getting caught in the crossfire of the tariff war between the U.S. and China. With a raft of free trade agreements, relatively cheap