Trump said “Many Tariffed companies will be leaving China for Vietnam” and Here is what a law firm in Vietnam responded

On Monday, Trump twisted “There is no reason for the U.S. Consumer to pay the Tariffs, which take effect on China today. This has been proven recently when only 4 points were paid by the U.S., 21 points by China because China subsidizes product to such a large degree. Also, the Tariffs can be completely avoided if you buy from a non-Tariffed Country, or you buy the product inside the USA (the best idea). That’s Zero Tariffs. Many Tariffed companies will be leaving China for Vietnam and other such countries in Asia. That’s why China wants to make a deal so badly! There will be nobody left in China to do business with. Very bad for China, very good for USA! But China has taken so advantage of the U.S. for so many years, that they are way ahead (Our Presidents did not do the job). Therefore, China should not retaliate-will only get worse!”

Just few hours after Trump twisted, an account named dungdn replied that “Dear Mr. President. As a business law firm in Vietnam, we are ready to advise the tariffed companies for free of charge whenever they want to move to Vietnam. Just contact us at: info@gbs.com.vn or visit our website at: https://gbs.com.vn”

We did a research and have found that, the dungdn account owned by Duong Ngoc Dung, Managing Partner of Global Business Service Company (GBS), a legal and business services firm in Vietnam. According to the introduction on GBS’s website, Duong Ngoc Dung drives strategic partner development, industry alliances, and new business initiatives for GBS. He has successfully developed win-win relationships with leading Multi-National companies. In his recently twist, Duong said “Happy to be a contributor of “Doing Business“ by World Bank” with check-in location at the World Bank office.

In Vietnam, GBS positioned as one of the leading consulting firms, which helps clients achieve their goals by combining the highest global standards with local expertise. The firm focuses on company formation services, legal services, labor and employment and tax services.

We will keep you posted what Trump will reply on the twist.

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