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Companies

Sumitomo taps logistics demand as production shifts to Vietnam

Japanese trading house invests in local port operator amid US-China trade war

The U.S.-China trade war has boosted container exports out of Vietnam.

TOKYO -- Japanese trading house Sumitomo has invested in a major Vietnamese port operator, aiming to seize growing demand for logistics services as manufacturers shift production to the Southeast Asian country amid the yearlong U.S.-China trade war.

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