Vietnam's apparel sector fears cost surge as tech giants move in

Nike, H&M and Gap suppliers slow expansion in Southeast Asian nation

20190627 VIETNAM-BUSINESS/

A shoe factory in Hanoi: Vietnam's apparel industry is fretting over rising costs. © Reuters

CHENG TING-FANG and LAULY LI, Nikkei staff writers

TAIPEI -- Major apparel makers are halting or slowing their expansion in Vietnam amid worries that the trade war will indirectly push up labor costs as tech giants like Apple seek to shift production out of China.

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