May 28, 2025

Trans shipping: To What Extent is Vietnam China’s backdoor to the U.S.?

Vietnam’s role as a transshipment hub for Chinese goods has become a key point of contention between the US and Vietnam. While there seems to be little question that this practice is taking place, there does seem to be some debate as to what extent. With this in mind, this article looks at a few key data points worth considering.

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Logistics: Vietnam, France firms team up on US$492 million Hai Phong port expansion

Saigon Newport Corporation (SNP), under the Ministry of National Defense, will partner with France’s CMA CGM to build berths 7 and 8 at Lach Huyen, Hai Phong, with operation targeted for 2028, Cafe F has reported. The deep-water project is valued at VND 12.79 trillion or US$492 million, including VND 1.92 trillion or US$73.8 million in equity from SNP and VND 10.87 trillion or US$418.2 million in mobilised capital.

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Garments & textiles: Vietnamese industry leaders weigh Trump tariff pause and future risks

Former President Donald Trump’s remark distancing the US from producing items like “sneakers and T-shirts” has been welcomed by Vietnamese textile and footwear leaders as a sign that US tariffs may spare essential consumer goods like apparel, Tuoi Tre is reporting. Industry leaders see it as a positive signal amid a 90-day suspension of reciprocal US tariffs—but remain wary of deeper vulnerabilities.

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