SINGAPORE -- Singapore-based agricultural trader Olam International has positioned Vietnam as an export center for Asia, including China, amid uncertainty springing from the trade friction between Washington and Beijing. The strategy is symbolized by a massive pepper plantation in central Vietnam the size of roughly 150 baseball stadiums.
Trade war
Singapore's Olam taps Vietnam for farm product exports to Asia
Trader carves out trade war sanctuary for food processing to avoid risk
An Olam International plant in Vietnam used Australian almonds instead of American almonds after the U.S.-China trade war ensued. © Reuters
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