HANOI -- Vietnam's National Assembly approved a free trade agreement with the European Union on Monday, a move expected to help make the country a new investment destination for manufacturers looking to leave China.
Trade
Vietnam greenlights EU trade pact in bid for China-exit deals
Unanimous vote, despite absentees, bodes well for apparel and auto parts exports
Workers piece together clothes at a factory in Ho Chi Minh City. Vietnam ranks as the world's third-largest apparel exporter. © Reuters
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