japan to help firms to move production bases to southeast asia

Japan to help firms to move production bases to Southeast Asia

Japan will launch a subsidy programme to encourage domestic manufacturers to transfer their overseas production bases to Southeast Asia, as the coronavirus pandemic has greatly disrupted their supply chains heavily dependent on China.
logistics in indonesia down by more than 50 percent amid covid 19 outbreak

Logistics in Indonesia down by more than 50 percent amid COVID-19 outbreak

Logistics companies have experienced a more than 50 percent decline in overall business performance since the COVID-19 outbreak hit Indonesia in early March, the Indonesian Logistics Association (ALI) reported.
vietnam on front foot in trade return

Vietnam on front foot in trade return

Gradual recovery from some of Vietnam’s key trade partners are plugging gaps in the disrupted global supply chain and helping the Southeast Asian nation take advantage of new opportunities arising despite the challenging times.
drugmakers tackling disrupted supply chain

Drugmakers tackling disrupted supply chain

While gaining advantage in the first quarter of 2020 amid the coronavirus outbreak, Vietnamese drug giants are predicted to face challenges in the upcoming months due to faults in the global ingredient supply chain.
retail property landlords and tenants facing predicament

Retail property landlords and tenants facing predicament

Retail property landlords and tenants must prepare to navigate a period of elevated risks to cash flow and increased operational costs arising from a slump in consumer demand and disruption to supply chains.
vietnam remains attractive destination to investors

Vietnam remains attractive destination to investors

With COVID-19 and trade tensions driving the shift of production lines from China to Southeast Asia, Vietnam, in particular, seems to have emerged as an attractive destination for investors and manufacturers alike, experts have predicted.
evolving demand and supply chain norms

Evolving demand and supply chain norms

In early February, in the minds of most of us, COVID-19 was still a China-specific problem. Yet, the strict lockdown imposed early in China generated rapidly unprecedented chaos in global supply chains. We realised how weak these global networks were, and how much every economy is dependent on China’s manufacturing sector.
supply chain is heading to vietnam

Supply chain is heading to Vietnam

A number of multinationals have already taken steps to expand supply chains in Vietnam since last year in order to avoid new tariffs on goods exported from China to the United States, and more are set to follow suit in the hunt for alternative markets for production as prices rise, according to the latest report released by JLL.
logistics groups roll out schemes to avert doldrums

Logistics groups roll out schemes to avert doldrums

As the COVID-19 pandemic wreaks havoc on supply chains globally, logistics firms in Vietnam have experienced decline in revenue but are mustering the strength to overcome the challenges ahead.
singapore plans to step up domestic food production

Singapore plans to step up domestic food production

The Singaporean Government on April 8 announced new measures to accelerate local food production as the COVID-19 pandemic has disrupted global supply chains.
vietnam stands to win as china1 gains traction

Vietnam stands to win as “China+1” gains traction

Changes in the global supply chain are taking place due to the virus outbreak, prompting a mounting number of foreign manufacturers to speed up their relocation from China to neighbouring countries including Vietnam.
toyota motor vietnam adjusts production plan in response to covid 19

Toyota Motor Vietnam adjusts production plan in response to COVID-19

Toyota Motor Vietnam will temporarily suspend vehicle production from March 30, 2020. The actual re-production date will be decided based on the outbreak situation, market demand, supply chain situation, the dealers’ stock, and the government’s regulations.
auto sector braces for prolonged production upheaval

Auto sector braces for prolonged production upheaval

The COVID-19 outbreak is disrupting supply chains of Vietnam’s automotive sector, pushing production and assembly makers into the wall.
tech giants bring production to vietnam to avoid covid 19 implications

Tech giants bring production to Vietnam to avoid COVID-19 implications

With the COVID-19 outbreak disrupting supply chains and vexing producers to no end, a mounting number of businesses are looking to shift operations away from China, with giants Google and Microsoft both opting to bring production to Vietnam.
half of japanese manufacturers see supply chain disruptions from covid 19

Half of Japanese manufacturers see supply chain disruptions from COVID-19

Around 53 per cent of Japanese companies from the manufacturing sector start to feel the bite of supply chain disruptions caused by the ongoing COVID-19 outbreak, according to the latest survey by the Ho Chi Minh City chapters of the Japan External Trade Organization (JETRO) and the Japanese Chamber of Commerce and Industry (JCCI).