![]() |
Most notably, these items will only be exported to countries that have been heavily affected by the novel coronavirus (COVID-19).
The decision comes following the government announcing that PM Phuc had reached a conclusion on the matter during a cabinet meeting held in Hanoi on April 15 to discuss COVID-19 prevention and control.
Under Resolution 20 which sets out the conditions for export licenses to be granted for medical masks and protective gear, only 25% of such items produced are allowed to be exported. Consequently, the PM has requested that the Ministry of Health urgently submit adjustments regarding the regulation to the government as a way of boosting the export of the items in the near future.
Elsewhere, the Ministry of Health, the Ministry of Industry and Trade, and other relevant agencies have been urged to be fast in dealing with the issue and not miss out on the opportunity amid a growing global demand for medical masks and epidemic prevention equipment.
The production of medical masks and items which can be used to prevent the spread of the virus has developed into a booming industry in many countries, including both China and Vietnam. Aside from producing anti-bacterial facemasks, plenty of textile enterprises have moved to intensify their investment in the production of medical masks, protective clothing, and have so far received a number of orders from nations in Europe, in addition to the Unites States.
According to figures released by the Ministry of Health, there are approximately 68 businesses producing medical masks and protective suits which are of sufficient quality to guard against the epidemic, with firms such as May 10 Corporation and TNG Investment and Trading Joint Stock Company putting in place production lines to export these products.
Indeed, leaders of May 10 Corporation have stated that 400 million medical masks will be delivered to foreign partners by July, while TNG is also set to produce masks from the middle of May.
Furthermore, the country has also successfully produced waterproof cloth masks, known as Mask 870, which are highly valued by medical professionals in many nations. VOV
![Shifting to medical face masks not very fruitful on long term](https://vnn-imgs-a1.vgcloud.vn/www.vir.com.vn/stores/news_dataimages/vananh/032020/27/16/in_article/croped/shifting-business-to-medical-face-masks-may-not-be-long-term-investments.jpg?w=145&h=101)
Shifting to medical face masks not very fruitful on long term
Switching to face mask production may not yield long-term benefits as the COVID-19 pandemic should last no more than two years based on previous epidemics.
![Vietnam to stop exporting COVID-19 treatment medicines from April 16](https://vnn-imgs-a1.vgcloud.vn/bizhub.vn/thumbnail/BizHub-480-2020-4-16/Screen-Shot-2020-04-16-at-12.png?w=145&h=101)
Vietnam to stop exporting COVID-19 treatment medicines from April 16
The Drug Administration of Vietnam (DAV) required all local drug manufacturing, exporting and importing firms to suspend the export of drugs used in...
![Garment 10 to produce medical face masks, first export order worth US$52m](https://vnn-imgs-a1.vgcloud.vn/bizhub.vn/thumbnail/BizHub-480-2020-4-8/10_1.jpg?w=145&h=101)
Garment 10 to produce medical face masks, first export order worth US$52m
Garment 10 Company was investing in producing medical face masks as well as cloth masks with ten production lines being installed, the company’s director Than Duc Viet said