Sourcing from Vietnam could shift as costs and restrictions rise, warn businesses

The sourcing shift to Vietnam will go into reverse if severe lockdown measures don’t end soon, business groups have warned.
Associations including AmCham, EuroCham, and Korean and Japanese business leaders have highlighted the growing financial costs and operational challenges from the Covid restrictions in South Vietnam, which are notably stricter than other countries in south-east Asia.
For example, John Rockhold, vice president of AmCham Vietnam, told local media: “The severe restrictions and …

The post Sourcing from Vietnam could shift as costs and restrictions rise, warn businesses appeared first on The Loadstar.

Source: The Loadstar

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