Home breadcru News breadcru Industrial breadcru 92% of companies, factories in Vietnam's HCM City reopen

92% of companies, factories in Vietnam's HCM City reopen

21 Oct '21
1 min read
Pic: Shutterstock
Pic: Shutterstock

More than 1,300 companies and factories in export processing zones (EPZs), industrial parks and hi-tech parks (HTPs) in Vietnam’s Ho Chi Minh City—or 92 per cent of the total companies in the city—have reopened so far, according to the HCM City Export Processing Zone and Industrial Park Authority (HEPZA). All 85 enterprises at Saigon Hi-tech Park have resumed operation.

Over 230,000 workers, about 70 per cent of the total workforce in EPZs, IPs and HTPs, have returned to factories.  The local factories have yet to reach their full capacity to ensure production to be resumed safely, according to a report in a Vietnamese newspaper.

More workers are expected to return in the coming time as firms are gradually expanding operation.

HEPZA said HCM City has 17 EPZs, IPs and HTPs that house nearly 1,500 factories with more than 320,000 workers.

When social distancing order was put in place in the city from July 15 to September 30, over 820 factories had to suspend operation, affecting more than 244,000 workers.

ALCHEMPro News Desk (DS)

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