Chinese manufacturers forced to halt production in Vietnam as coronavirus surge grows
- Chinese manufacturers in southern Vietnam are suffering amid lockdowns and business closures, and they are not confident restrictions will be relaxed soon
- A growing number of Chinese manufacturers have moved to Vietnam since the start of the trade war to evade tariffs and take advantage of cheaper labour
Chinese manufacturers in Vietnam are struggling amid the country’s worst coronavirus outbreak so far, with one business in the hard-hit south “losing tens of thousands of US dollars” a day.
Authorities in Ho Chi Minh City, the country’s financial and economic hub, and neighbouring industrial provinces like Dong Nai and Binh Duong have closed non-essential businesses, restricted gatherings and imposed strict social distancing measures.
Xu Chuanlu, the owner of Dinh Thinh Plastic in Ho Chi Minh City, said his factory had been closed for the past 12 days and it had come at a huge expense.
We are losing tens of thousands of US dollars every day
“We are expected to resume production in two days, but I am not optimistic, there are still thousands of new cases every day, maybe our production will be suspended for another two weeks, who knows?” the Chinese businessman said.
