Vietnam to diversify sources of industry materials due to China COVID curbs

Vietnam to diversify sources of industry materials due to China COVID curbs
FILE PHOTO: Women work at Hung Viet garment export factory in Hung Yen province, Vietnam December 30, 2020. REUTERS/Kham

HANOI : Vietnam plans to diversify the sources of materials needed to supply the country’s manufacturing sector due to tighter COVID-19 curbs in China, industry and trade minister Nguyen Hong Dien said during a parliament meeting on Wednesday.

Vietnam’s industrial production is heavily reliant on Chinese materials and equipment and its giant neighbour is Vietnam’s largest trading partner.

 

Source: Reuters