Vietnam's Textile Village Sees Opportunities With Chinese Influence

HA GIANG, VIETNAM - November 28, 2016: Landscape of Lung Tam, a renowned traditional textile village in the mountainous province of Ha Giang on November 28, 2016 in Ha Giang, Vietnam. Vietnam was expected to be one of the major beneficiaries from the Trans-Pacific Partnership trade deal, which would have provided tariff free access for its textile, low-end goods, and agriculture export, but all hope seems dead after U.S. President-Elect Donald Trump declared he was going to withdraw from the pact upon stepping into office. Based on reports, VietnamÕs economy is still positioned to perform well as the country's Communist Party carefully managed relations with neighboring China, which has been well placed to step into the region with an alternative trade deal, the Regional Comprehensive Economic Partnership deal, which aims to build roads, ports and highways through much of Asia. (Photo by Linh Pham/Getty Images)