Many textile and garment factories in the southern region have to shut down due to COVID-19 restrictions. - Vietnam News/ANN
HO CHI MINH CITY, Aug 14 (Vietnam News/ANN): Supply chains in Ho Chi Minh (HCM) City and the southern provinces are at great risk of snapping because many businesses have been forced to stop operating or sharply reduce production to comply with the Covid-19 prevention regime.
According to the Ministry of Planning and Investment, in July the city’s index of industrial production (IIP) dropped by nearly 20 per cent, Long An Province’s by 14.5 per cent and Ca Mau Province’s by 13.7 per cent.
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