Sourcing from Vietnam could shift as costs and restrictions rise

In recent years Vietnam has had its day in the sun, as production of certain items has shifted from China. It’s been cheaper to manufacture in Vietnam, and it’s been a boon to Vietnam’s economy.

But Covid brought a lot of problems to Vietnam, especially at ports. Now firms have to consider whether it’s time to move on, and go to another country.

Instability of supply chains is the new norm. While it’s costly and traumatic to change, sometimes the proper strategy requires it. You can see businesses are thinking hard about it. It’s supply chain strategy playhing out in the real world.

By Sam Whelan 23/09/2021

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

2 responses to “Sourcing from Vietnam could shift as costs and restrictions rise

  1. Pingback: Sourcing from Vietnam could shift as costs and restrictions rise | Plato Blockchain

  2. Pingback: Sourcing from Vietnam could shift as costs and restrictions rise

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s