Nikkei: Vietnam leads recovery in Southeast Asia supply chains - News Summed Up

Nikkei: Vietnam leads recovery in Southeast Asia supply chains


The article reported that about 200 factories in the country contracted to make sportswear for Nike have resumed operations. Japan's Furukawa Electric expects to return to full capacity at its Vietnamese plants. Vietnam has a high concentration of wire harness factories, while Malaysia is a production hub for automotive semiconductors. Vietnam was the source of about 40 percent of Japan's wire harness imports in 2019. Suppliers Yazaki and Sumitomo Electric Industries are restoring production at their Vietnamese plants as well.


Source: Viet Nam News November 10, 2021 03:08 UTC



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