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October 22, 2026
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FEDS Note: Vietnam’s Export Boom to the U.S.: The Role of Chinese Firms

Chris A. Avalos, Trang Hoang, and Eva Van LeemputIn recent years, Vietnam has attracted considerable attention as a potential major beneficiary of the 2018-19 U.S.-China tariff increases, reflecting substantial trade diversion as exports shifted away from China (Alfaro and Chor, 2023; Freund et al., 2024).…

Chris A. Avalos, Trang Hoang, and Eva Van LeemputIn recent years, Vietnam has attracted considerable attention as a potential major beneficiary of the 2018-19 U.S.-China tariff increases, reflecting substantial trade diversion as exports shifted away from China (Alfaro and Chor, 2023; Freund et al., 2024).…

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