Southeast Asia Has an Investment Boom, Thanks to the Trade War

Southeast Asia is seeing a boom in foreign direct investment as the intensifying trade war between the U.S. and China prompts companies to shift production to the region.

Vietnam saw manufacturing inflows jump 18 percent in the first nine months of 2018, driven by investments including a $1.2 billion polypropylene production project by South Korea’s Hyosung Corp., according to a Maybank Kim Eng Research Pte. note on Monday.