Vietnamese firms face raw material shortage due to lockdowns in China

Vietnamese industries like textiles and garments, automobile and electronics manufacturing are facing problems in importing components and raw materials, resulting in production delays and not honouring export order commitments.

Export of Vietnamese agriculture produce to China has also been severely affected as the neighbouring country has tightened customs checks and procedures, according to Vietnamese media reports.

Export containers are getting stuck at entry points for weeks, and some are even turned back.

According to the HCM City Leather and Footwear Association, some firms unable to import raw material imports by sea have procured these in limited quantities at higher prices through the land border.

There is a call for businesses to identify domestic suppliers of raw materials to replace imported ones, and avoid taking orders that require high-quality materials.

ALCHEMPro News Desk (DS)