Latest News about supply chain
The global outbreak of the Covid-19 pandemic has made the world realize the limitations in the current supply chain, which shows an over reliance on just one link, which is a plausible reason for the collapse of the system.
A key strength in Vietnam’s business environment is the country’s proliferating membership of free-trade agreements.
While Vietnam is at risk of being listed as currency manipulator by the US, such a risk appears low, as the US will likely continue to reduce its dependence on Chinese exports by reorganizing its supply chain with other partners.
Among the countries running a race to attract foreign direct investment (FDI), Vietnam is a destination with promised great potential.
Industrialization requires high-quality foreign direct investment (FDI). Many issues must be addressed, including how to developed a skilled workforce.
While highly appreciating the solutions and policies set forth in the government’s Resolution No.115/NQ-CP on the development of supporting industries, Truong Thi Chi Binh,
Foreign investors are considering relocating their production bases out of China, but this doesn’t mean that all of them will flock to Vietnam.
There is a new FDI capital flow heading for Southeast Asian countries, but analysts say it is not easy for Vietnam to grab the opportunities.
Vietnam hopes US firms with potential in technology, professionalism, and capital will continue to select the country as an attractive and safe destination for relocating business and supply chains,
Vietnam’s wooden furniture industry was expected to have a prosperous year in 2020 after the US-China trade war broke out in 2019. But hopes have been dashed by Covid-19.
Vietnamese consumers are some of the most optimistic in Asia during the COVID-19 pandemic, according to American management consulting firm McKinsey’s recent consumer survey.
While gaining advantage in the first quarter of 2020 amid the coronavirus outbreak, Vietnamese drug giants are predicted to face challenges in the upcoming months due to faults in the global ingredient supply chain.
More and more foreign invested enterprises (FIEs) in Vietnam have begun exporting woodwork products as Vietnamese enterprises increasingly lose market share.
In early February, in the minds of most of us, COVID-19 was still a China-specific problem. Yet, the strict lockdown imposed early in China generated rapidly unprecedented chaos in global supply chains.
The global relocation of supply chain links from China to Vietnam will continue, despite the coronavirus pandemic, according to the latest report released by JLL.
From demand for orange juice to vegetables left unpicked, our usual supply chains have been upended.
Management agencies have put in place drastic steps in a bid to support businesses as they actively seek out sources of raw materials to be used in production whilst boosting trade promotion activities.
The difficulties in the global pandemic are opportunities for Vietnam to expand its role in the global supply chain.