Vietnam factories short of workers after heavy-handed lockdowns
Factories in Vietnam are struggling for staff after many migrant workers returned home when a coronavirus lockdown that had kept them in Ho Chi Minh City for months last year was eased, a partner at venture capital firm Cento Ventures…
Vietnam : the world factory struggling to find workers
After overcoming its worst Covid-19 wave, Vietnam, one of the world’s biggest manufacturers, is having problems reactivating the industry around its economic capital, as hundreds of thousands of workers have recently left for good over fear of the virus.
Factory shutdowns in Vietnam could have longer impact for apparel and footwear retailers, BofA warns
The impact of prolonged factory shutdowns in Vietnam is likely going to be worse than retailers have planned for, according to analysts at BofA Securities. BofA cited a number of reasons for its predictions, including the fact that the reopening…
Adidas, Reebook supplier in HCMC faces worker shortage
Footwear maker PouYuen Vietnam, the largest employer in HCMC, faces a shortage of workers after 6 percent quit due to Covid-19 restrictions and resultant problems.
Vietnam, France sign billion-dollar agreements during PM Chinh’s visit
Vietnamese and French partners have signed 29 agreements worth billions of dollars during PM Pham Minh Chinh’s official visit to France.
Vietnam says its Nike manufacturers back to full operations
About 200 contracted factories that make sportswear for Nike Inc (NKE.N) across Vietnam have resumed operations after months of COVID-19 suspension, the government said on Wednesday, as it races to get its key manufacturing sector back on track.
Companies report first, record-high losses in Q3
Many companies reported their first or highest quarterly losses in the third quarter as the fourth Covid-19 wave caused sales to plunge and costs to surge.
Vietnam had seemingly conquered Covid.Then Delta spread
The Southeast Asian nation is slowly emerging from months of lockdown but has plenty of challenges yet.
From bathroom queues to loud sex : workers’ on-site travails
At 1:30 a.m. Hai left the line of colleagues waiting to take a shower, giving up after five hours of waiting.
Nike’s Vietnam supply hurdles in focus ahead of quarterly results
Nike Inc’s updates to its full-year sales outlook on Thursday will likely answer that pressing question for Wall Street as the world’s largest sportswear maker deals with unprecedented supply challenges ahead of the holiday season.
Seven Mekong Delta textile companies want workers immediately vaccinated against Covid
Seven textile companies in southern Tien Giang Province have sought priority Covid-19 vaccination of their workers to enable them to resume production.
Samsung to expand northern Vietnam plant
Samsung is set to expand its plant in the northern province of Bac Ninh this year to increase its production capacity of foldable devices.
Vietnam’s status as manufacturing powerhouse is shaken by Covid surge
The Delta variant is causing havoc in Ho Chi Minh City, disrupting business and supply chains of global brands.
Vietnam struggles to keep open manufacturing hub Binh Duong as Covid-19 cases surge
Binh Duong province is the country’s second-largest recipient of accumulated foreign direct investment after nearby Ho Chi Minh City. The government expects 50,000 new cases there in the next fortnight. The government allowed factories in industrial zones to stay open…
Supply chains suffer as virus surges through Vietnam
With Ho Chi Minh City as its commercial hub, Vietnam vies with China for the status of the world’s factory. But rapidly rising delta infections have hit manufacturing, amid strict lockdowns.
Vietnam expects 50,000 new virus cases in major manufacturing hub
Vietnam will deploy troops to industrial Binh Duong province, a major manufacturing hub in the Southeast Asian country, to help contain an expected 50,000 additional coronavirus infections there over the next two weeks, the government said on Thursday.
Despite COVID-19, Vietnam’s electronics industry has room to grow
The current slump should not disguise the fact that the trend lines are all pointing in the right direction.
Let workers go home, factories in the south propose
Many businesses in the southern region have found the stay-at-work production model financially untenable and want a more flexible Covid-19 strategy to keep supply chains intact.
Covid surge in Vietnam hits global supply chains
Manufacturers for Nike and Adidas forced to close factories as infections rise
As Vietnam’s coronavirus surge continues, lockdowns take their toll on factory output, small businesses
Vietnam’s Covid-19 hotspot Ho Chi Minh City has twice extended its lockdown, hitting manufacturers trying to export items such as clothing. An economist said the fourth wave is more devastating for labour migrants, informal workers and those in service industries…
Supply chain disruption threatens foreign giants as Covid-19 rages
Key suppliers for major companies like Netflix and Nike have been forced to host employees on site or cease production as Covid-19 keeps spreading, especially in the southern region.
Vietnam in talks with U.S. for local production of COVID-19 mRNA vaccine
Vietnam is in talks with the United States on production national mRNA vaccine, its foreign ministry said Thursday, as the country seeks to increase supplies amid its worst coronavirus outbreak to date.
COVID forces Vietnam factories to choose sleepovers or stoppages
Key supply chains for Apple, Ikea and Nike hit by strict anti-virus curbs.
Vietnam says agrees tech transfers on Russian, U.S. COVID-19 vaccines
Vietnam has reached agreements on technology transfers for Russian and U.S. coronavirus vaccines, the government said in a statement, without elaborating.
HCMC detects 1,800 Covid cases inside industrial zones
Industrial zones across HCMC have reported as many as 1,837 Covid-19 cases in the ongoing wave that hit Vietnam late April.
Nike and Adidas supplier suspends production at Vietnam plant due to COVID
Taiwan’s Pou Chen Corp (9904.TW), which makes footwear for companies such as Nike (NKE.N) and Adidas (ADSGn.DE), suspended operations at its plant in Ho Chi Minh City on Wednesday as COVID-19 curbs hit factories in the country’s business hub.