Vietnam's factory doldrums show limits of shift out of China

Export contraction continues into eighth month, but Biden deals bring hope

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Although Vietnam's role in electronics supply chains is ballooning, a current slowdown is pushing many factory hands to take on gig work. (Photo by Lien Hoang)

LIEN HOANG, Nikkei staff writer

HO CHI MINH CITY -- Weakening global demand has left Vietnam facing its worst factory downturn in a decade, a sign that the shift in supply chains away from China has benefited the Southeast Asian country less than expected.

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