Supply chain leaders in Vietnam have shared their perspectives on the challenges of the past year and the outlook for 2024.

As the global production shift intensifies, remarkable prospects for transformation present themselves within the electronic parts supply industry, according to the Vietnam Association for Supporting Industries (VASI).

China is greatly interested in strengthening strategic development ties with Vietnam, improve connectivity between the two countries and build a sustainable supply chain.

Lacking initiatives and preparation, it has been challenging for Vietnam’s enterprises to join global supply chains, according to the Vietnam Confederation of Industry and Commerce (VCCI)’s latest study.

Vietnam, together with Brazil, Indonesia and India that are emerging markets, have made practical contributions to Apple’s group’s outstanding performance in the second quarter of this year, said CEO Tim Cook.

The retail market for mothers and kids is attracting large distributors amid rebounding demand after the pandemic.

Vietnamese businesses are finding it difficult to cope with supply chain breakages as a result of China enforcing strict COVID-19 lockdown policies to curb recent outbreaks.

Sea freight rates continue to escalate as they track petroleum prices, pushing up export costs and thus reducing the competitiveness of Vietnamese goods, according to businesses.

If there is a nationwide B2B wholesale trading floor for domestic agricultural products, the supply chain of agricultural products will not be disrupted, even in the time of an epidemic.

During the peak of the pandemic, Vietnamese products such as Luc Ngan and Thanh Ha lychee and Binh Thuan dragon fruit were still shipped abroad. Some kinds of goods were event sold to the pickiest markets at high prices for the first time.

Though the pandemic has seriously impacted the world and Vietnam, it has accelerated the supply chain shift by diversifying, regionalising the production chain and scaling up global value chains.

The application of different regulations on pandemic prevention and control in different cities/provinces is causing difficulties for enterprises.

Since August, Vietnam’s export sector has started to feel the devastating effects of the pandemic and strict social distancing measures in many localities nationwide plus the disruption of supply chains and production.

Vietnam’s rising involvement in global supply chain networks has been hampered by the pandemic, but its increasingly important role in the long term is not judged to be at risk.

A group of experts of the Hanoi-based National Economics University have put forward several immediate solutions to remove bottlenecks and connect disrupted supply chains that have impacted localities hit by COVID-19.

Vietnamese producers have been put under pressure because of the complex developments of the pandemic, but, in risks, opportunities always exist.

Drought and the Covid-19 pandemic have been heavily affecting the lives of people across the country and the Central of Vietnam.

In the first half of 2021, Vietnam in general achieved considerable growth targets in the context of a stable macro environment.

Realizing that they will have to ‘live with the pandemic’ for a long time, seafood companies have reorganized their production to adapt to the new circumstances.