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U.S. firms in Vietnam hit by coronavirus supply chain issues: AmCham survey

U.S. firms in Vietnam hit by coronavirus supply chain issues: AmCham survey

14.2.2020

U.S. firms in Vietnam hit by coronavirus supply chain issues: AmCham survey

U.S. manufacturing firms operating in Vietnam are suffering supply chain issues ...

2 Min Read People drive motorbikes near pedestrians wearing face masks in Ho Chi Minh, Vietnam February 13, 2020. Picture taken February 13, 2020. REUTERS/Yen Duong HANOI (Reuters) - U.S. manufacturing firms operating in Vietnam are suffering supply chain issues caused by the coronavirus epidemic, according to a survey of American Chamber of Commerce (AmCham) members in Vietnam, the business chamber said on Friday. “More than half of our members in the manufacturing sector are experiencing difficulty sourcing supplies/materials due to disruptions from the coronavirus,” AmCham Executive Director Adam Sitkoff said in an emailed statement, citing the AmCham survey. More than one-third of members say current supply chain disruptions are already seriously impacting their company’s global operations, the statement said, adding that the biggest challenges are securing alternative materials and goods, along with inventory management. “Supply chain disruptions and travel restrictions are and will continue to impact many business sectors,” Sitkoff said. The majority of U.S. firms with operations in China expect a virus outbreak to cut revenue this year, and some are accelerating plans to shift their supply chains out of the country, according to a poll by Shanghai’s American Chamber of Commerce. Reporting by Khanh Vu and James Pearson; editing by David Evans Our Standards: Read more: Reuters Top News

Chinese economy clobbered by coronavirus but set to recover soon: Reuters pollThe coronavirus-hit Chinese economy will grow at its slowest rate since the fina... Surrreeeeee it is propaganda......they will lose 30-40 % of there orders. Oh great. Set to recover soon! With zero data to support that claim. Love it.

Some U.S. states launch coronavirus testing while faulty test kits delay othersSeveral U.S. states said new coronavirus test kits did not work, while others sa... Hold Trump to the same standard he held Obama to. A case in China: the first four tests were negative, the fifth one was positive.

CDC confirms 15th case of coronavirus in the United StatesU.S. officials reported the 15th case of coronavirus in the United States on Thu... Oh helllllll no worries all 15 still alive If that's what the virus looks like it is clearly engineered. I mean look at it. The symmetry.

The new coronavirus could have a lasting impact on global supply chainsIn the longer term, the covid-19 epidemic could dampen the relationship between China and multinational firms Manufacturing at home, I am sure, is looking more and more attractive! It's time for a correction may be a all change. Is it the name as Spanish flu or twenty years ago? The World Health Organization and its Ethiopian president recognize the protocol of Brazil and will multiply throughout the world. Brazil has the cure for COVID-19! 5 Star Hotel, with a balanced diet of fish and meat! COVID-19 patients can book at Hoteis Copacabana Palace, Fasano

Vietnam says monitoring over 5,000 Chinese workers for coronavirus Vietnam is monitoring more than 5,000 workers who returned to the Southeast Asia... India must be on alert Holy smoke! 📌

Vietnam turns away cruise ship over coronavirus fears: state media Vietnam has turned away a German-owned cruise ship with more than 1,000 passenge... Obviously it's because they're racist. They should accept the ship and invite them all into their homes or else they're vietnamese supremacists Good for them. WHO guidelines for safety against Coronavirus



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