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On 1st and 2nd Dec LogiSYM held its Vietnam 2020 Digital event on a platform called AirMeet. “EVFTA and CPTPP will be boosting Vietnam’s export to Asia Pacific and Europe as such FTAs leverage taxes and facilitates trade. Vietnam has spent no effort for a decade to be full member of such agreements. MORE FROM THIS EDITION.
Japan’s Nintendo also pulled out some of the portion of its video game production from China to Vietnam because of the ongoing trade wars. According to Global Edge, this does happens in Vietnam. Vietnam’s risk assessment of their weaknesses is the shortcomings in the business climate led by concerns surrounding data transparency.
In contrast, Apple demonstrated foresight by relocating portions of its iPhone production to Vietnam and India. For example, China+1 strategies, where companies retain some suppliers in China but also establish relationships in Vietnam, India, or Mexico, can provide flexibility in the face of shifting tariffs.
Industry Mitigation Strategies To counteract the rising costs and supply chain delays, technology firms are focusing on: Expanding manufacturing capabilities in non-tariffed countries like Vietnam, Thailand, and India. Relying on inventory stockpiling to prevent shortages of high-demand items like smartphones and laptops.
A panel session joined by: Serene Keng, Head of Channel, ASEAN+Korea at Proofpoint Inc. Tony Lugg, Founding Member, Supply Chain Innovation Network at KATALYST. Darwin Thio, Managing Partner at SRS Advisory Pte Ltd and SRS Cybernetics Pte Ltd.
A panel session joined by: Dr Renard Siew, Climate Change Advisor at Centre for Governance and Political Studies. Francis Xaviour Joe, General Manager at Accuvio Asia. Raul Samaniego, Director of Supply Chain ASEAN at AJE Group. and moderated by Stephanie Krishnan, Research Director at IDC Manufacturing Insights Asia Pacific.
A panel session joined by: Bipin Balakrishnan, Partner – Tax at KPMG. Nguyen Duy Hong, Deputy CEO at Smartlog Supply Chain Solutions Corporation. Russell G Scoular, Chairman at Chatto Creek Advisory Pty Ltd. and moderated by Joe Lombardo, Business Consultant – Enterprise Supply Chains and Transformational Programs at ESP Consult.
Surprisingly, most of the goods seized did not originate in China but rather in Malaysia and Vietnam. In the case of Vietnam, it was more likely they were making apparel with cotton grown or processed into fabric in Xinjiang.
For example, we produce in Vietnam and China. Vietnam is a low-cost market to produce products. Our factory is efficient; yet, it costs us more to manufacture the product in Vietnam because of a lack of local raw materials – compared to manufacturing it in the US, shipping it, and paying duties on a landed basis.
2024 Typhoon Season has Caused Billions in Agricultural Losses This year’s typhoon season has been particularly disruptive, severely affecting port operations and shipping across the western Pacific, with significant storms such as Gaemi, Ampil, Shanshan, Yagi, and Bebinka impacting Taiwan, China, Japan, Vietnam, and the Philippines.
LogiSYM—Vietnam Digital 2020 Download the latest LogiSYM Supply Chain Magazine. In this edition we have several news updates, interesting & enlightening articles and contributions on people & management – topics which are most crucial to the development of the Supply Chain Industry across regions as well as globally.
The stringent measures imposed by Chinese authorities have severely disrupted the trade flow between the two neighbours, especially after several factory closures across Vietnam due to the surge in COVID-19 cases.
A panel session joined by: Joe Lombardo, Business Consultant – Enterprise Supply Chains & Transformational Programs at ESP Consult. Ganesh Krishnamurthy, Customer Supply Chain Lead, Asia Cluster at GSK Pharmaceuticals. Kyle Hegarty, author of ‘The Accidental Business Nomad’ at Business Nomad.
South and east Asia, as well as the Pacific region are expected to benefit most from the change, with India, Vietnam, Thailand and Indonesia receiving particular mentions, followed by rivals in Latin America. Almost 75% expected supply chain restructuring to negatively impact China’s economy much more than any other country.
According to the US Geological Survey, other leading producers of tungsten include Vietnam, Russia, Bolivia, and Rwanda. In December 2024, the United States imposed 25% tariff on certain tungsten imports from China, encouraging U.S. importers to find alternative suppliers.
A super typhoon wreaked havoc on northern Vietnam over the weekend and caused heavy rains across southern China. The ILA has opposed government intervention, and has said that if forced back to work, union members would deliberately slow down operations anyway.
Apple consider transfer of iPhone production to India or Vietnam after protests in China Apple are reportedly considering moving the means of production of the iPhone amid the workers’ continued…
LogiSYM—Vietnam Digital 2020 – LogiSYM December/January 2021. Supply Chain Risk Management: Risks of Relocating a Business ‘China to Vietnam’ From soba to udon—Are the noodles in the FTA bowl getting too thick? MORE FROM THIS EDITION. Digitisation: Shifting Gears in 2021.
In percentage terms, Vietnam’s exports grew the most. Xeneta’s data analysis shows that containerized imports from the far east to the US increased substantially from 2017 to 2022. However, China and Singapore’ growth was the lowest among far east countries exporting to the US.
companies to import more from countries including India, Thailand and Vietnam. The shift illustrates how the rising cost of importing from China and escalating political tensions between Washington and Beijing are encouraging large U.S. Schneider National says it’s the first major carrier to rack up 1 million miles (1.6
Thirty-six percent of the shipments were shipped by entitles based in Vietnam. The top three shipper industries are: 1) Textiles, Apparel, and Luxury Goods; 2) Electronic Equipment, Instruments, and Components; and 3) Metals and Mining.
In Asia, Vietnam and Bangladesh are more important sourcing locations. VF had committed itself to largely selling goods to consumers in the same region they are manufactured in. China, for example, only produces 14% of their total units, only 3% of those units end up being exported to the United States and 2% to EMEA.
Unlike our American counterparts, our “near” neighbors are actually some of the world’s manufacturing powerhouses – I’m talking about countries like China, Vietnam, and Indonesia. This means that what Americans consider offshoring is actually nearshoring for us.
With trade wars and tariffs pinching operational profitability, manufacturers are looking at alternative locales like VietNam, India and, Mexico. The survey shows that a full third of companies with global supply chains intend to move their sourcing and manufacturing activities out of China in the next few years.
William currently resides and operates from Hong Kong, Singapore and Vietnam. He works strategically with Entrepreneurs and C-Suite executives in leadership, management, money and people to achieve excellence in performance and results. MORE FROM THIS EDITION. LogiSYM Supply Chain Magazine – July 2020.
What’s going on in Vietnam? Before July, COVID-19 wasn’t widespread in Vietnam, but since then, over 10,000 cases have been identified. Now that some level of travel has returned, the supply simply can’t meet the demand. Find out more in our recent blog post The Case of the Missing Airport Snacks. .
As part of the launch of its hotly anticipated iPhone 14, it has ramped up its production output in India and Vietnam as an alternative to China, with Foxconn, the manufacturer of Apple’s iPhones, announcing plans for creating 10 to 12 facilities in India.
For example, a garment produced in Vietnam of fabric knit in China is covered by the WRO, if the cotton was picked in XUAR. Here are the key points: The WRO is not limited to cotton and tomato products produced in the XUAR; it also covers products made in other parts of China and third countries using inputs from the XUAR.
In appreciation of your support and in celebration of this milestone, we donated: Fresh, clean water to 30,000 people in Ethiopia; Meals to 3,000 children in crisis in Vietnam; Education to 300 children in Indonesia about Rainforest Conservation; and. We hit 30,000 subscribers last week! Eyecare treatment for 30 children in Tanzania.
As a leading energy and urban solutions provider, Sembcorp has more than 5.7GW of renewable energy portfolio across key markets such as Singapore, Vietnam China, India and the UK. Partnering with Sembcorp to achieve your sustainability targets.
My projects in Malaysia, Philippines, China, Indonesia and eventually Vietnam, ranged from customer service and order fulfillment, shop-floor planning, inventory management, import/export and procurement. Family reasons relocated me to Bangkok in 2011. .
To preserve its ability to deliver duty-free small parcels, Shein is asking some Chinese suppliers to set up new production capacity in Vietnam with incentives like up to 30% higher procurement pricing. Shein is also moving to mitigate the impact of the new US measures.
increased 10 percent, while Vietnam and India inbound volumes reportedly increased 20 percent for DHL. Reportedly, increases in air freight demand out of Asia increased during the summer months. Asia Pacific and China airlift capacity into the U.S. As an added note, container imports from major U.S.
Additional sourcing in India along with Vietnam , provides access to future markets along with government subsidies. They further provide access to lower cost labor and supply network resiliency in the wake of a rapidly changing geopolitical landscape.
A product travelling hundreds of kilometers across Vietnam or India in an unrefrigerated truck would result in high rates of spoilage. Expensive to buy, build and maintain, the temperature-controlled distribution chain has to be used economically.
He has a combined 32 years of research and teaching experience in Australia, Singapore, China, Dubai, Indonesia, Malaysia, and Vietnam. Most recently, he was a visiting professor at NUS-Singapore, MIT SCALE Network – Malaysia, Wollongong-Dubai, Curtin-Australia as well as in Indonesia and Vietnam.
Most revealing in this data is that exports to Vietnam , overtook Japan as the third-largest export destination by Chinas manufacturers. This 2024 export performance caused China s trade surplus to be what Bloomberg described as an unprecedented $992 billion surplus, reportedly 21 percent higher than 2023.
Case in point: a consumer electronics company made a critical off-shore/near-shore decision and determined that the long-term risk and operational impact of near-shoring in Mexico outweighed the cost advantage of production in China and Vietnam.
In Asia in particular, we see the market looking to multiple low-cost locations such as Vietnam or Thailand, away from reliance on China. The change in how the workforce is distributed, the potential for more local industries to participate in the assembly and development of goods.
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