Economic Times says VN to benefit from COVID-19 supply chain rethink


Source: vietnamnet.vn vietnamnet.vn

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Stable economic growth has made Viet Nam an attractive destination for foreign investors particularly amid current changes in the global supply... Vietnam and India are emerging as alternative labour sources. Disruptions to international trade as a result of the US-China trade conflict and the COVID-19 pandemic has made companies rethink their supply chains. Traditionally, supply chains were designed to keep costs low. In the post-pandemic era, however, supply chains are being reworked to reduce the risks of future disruptions. Notably, the international community is moving toward relocating supply chains to India and Viet Nam. The article cited a recent second-quarter...