Vietnam exporters riled as rules hit supply chains - News Summed Up

Vietnam exporters riled as rules hit supply chains


Vietnam exporters riled as rules hit supply chainsBloombergVietnam’s tough policies to control COVID-19, which have shuttered factories and stunted output, are being criticized by overseas industries and within the government as a threat to exports and investment. The European Chamber of Commerce (EuroCham) in Vietnam vice chairman Nguyen Hai Minh said that the group estimates 18 percent of its members have relocated some production to other countries to protect their supply chains. Exporters could face difficulties restoring lost international business after the pandemic is contained, it said. More than 571,000 domestic virus patients have been reported since the latest outbreak began in late April, with more than 14,400 fatalities, according to the Vietnamese Ministry of Health. The nation of 98 million has administered nearly 25 million COVID-19 vaccine doses, with 4.3 percent of the population fully vaccinated, the health ministry said.


Source: Taipei Times September 10, 2021 15:56 UTC



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