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Pandemic highlights the need for developing part-supply industries to cope with disruptions - Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports

Update: July, 20/2021 - 09:02 |   Production at Sơn Nam Textile and Garment Joint Stock Company in Nam Định Province. The COVID-19 pandemic which causes disruptions in global supply chains is urging policies to push the development of the supplying industries.  VNA/VNS Photo Trần Việt HÀ NỘI The COVID-19 pandemic is highlighting the urgent need for promoting the development of part-supply industries to enable enterprises to be more resilient to shocks or disruptions to global supply chains. Việt Nam’s part-supply industries remained weak in terms of technology, management capacity and linkages with foreign-direct-investment (FDI) companies, which became evident when the COVID-19 pandemic caused disruptions to global supply chains.

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2021 bodes well for mechanical engineering

2021 bodes well for mechanical engineering Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công  14/02/2021    08:52 GMT+7 After suffering a significant fall in revenue last year, the mechanical engineering industry has high hopes for recovery in 2021, given Vietnam’s good COVID-19 control and participation in free trade agreements. The mechanical engineering industry has high hopes for recovery in 2021 due to the country s good control of pandemic and participation in FTAs.  According to a report from the Vietnam Association of Supporting Industries (VASI), in 2020, due to the impact of the COVID-19 pandemic, nearly half of member businesses experienced a sharp decline in revenue, especially in the first half of the year.

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