7 October 2021

Vietnam - Industry in Vietnam faces continued lockdown struggles

While the country is in the midst of controlling a severe outbreak of the Covid-19 Delta variant, production in Vietnam continues to struggle, with companies anticipating further delays to goods, reports ILM.

 

 

Nike Chief Financial Officer Matt Friend declared that it would take “several months to ramp back to full production” and, during a call with analysts, he highlighted that the company had already lost around 10 weeks of production since mid-July.

During the current lockdowns, factories have been able to continue operating if they provide on-site accommodation or transport for workers, but many have been unable to take on this additional cost alongside increased transportation costs and periods of lost production.

 

Although the Vietnamese Prime Minister has announced that restrictions will begin to ease this week, Phan Thi Thanh Xuan, General Secretary of the Vietnam Leather, Footwear and Handbag Association (Lefaso), has stated that the industry will not see a positive outlook until at the least the end of the year, if not into 2022.

關於亞太區皮革展 ​

我們為皮革、物料及時裝業界創造面對面洽談的機會,爲客戶締造實質商機。我們雲集世界各地的商家,讓他們尋找新的合作伙伴,發掘潛在客戶或供應商,並掌握業界最新發展。

 

我們主辦多個專注時尚及生活潮流的商貿展覽會, 為這不斷變化的行業,提供最全面的買家及參展商服務,方便他們了解急速轉變的行業環境,並預測來季趨勢。

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