HO CHI MINH CITY -- Amazon said its operations in Vietnam are defying a global downturn hitting Big Tech, thanks in part to an influx of Chinese businesses moving into the Southeast Asian nation.
Retail
Amazon Vietnam growth, buoyed by China, defies global tech slowdown
But 'everybody's struggling' from interest rates, drop in COVID-fueled e-commerce
Amazon recruits hundreds of merchants in Ho Chi Minh City. Its growth in Vietnam runs counter to its overall international segment, which reported a loss last quarter. (Photo by Lien Hoang)
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