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Vietnamese manufacturing is no joke either

Machine translated

After blocking China and Japan, Vietnamese imports surged 775%... K-Steel threatened in both exports and domestic market. After the domestic steel industry erected trade barriers against low-priced hot-rolled steel from China and Japan, they have met a new competitor from Vietnam. As the export routes for Korean hot-rolled steel narrow due to production increases by local steelmakers, Vietnamese products—armed with low prices—are penetrating the domestic market, creating competitive pressure in both exports and domestic demand...
After blocking China and Japan, Vietnamese imports surged 775%... K-Steel threatened in both exports and domestic market
* If Vietnam's population had been 200 million, they might have overtaken us

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