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LogiSYM—Vietnam Digital 2020 – LogiSYM December/January 2021

The Logistics & Supply Chain Management Society

On 1st and 2nd Dec LogiSYM held its Vietnam 2020 Digital event on a platform called AirMeet. “EVFTA and CPTPP will be boosting Vietnam’s export to Asia Pacific and Europe as such FTAs leverage taxes and facilitates trade. Vietnam has spent no effort for a decade to be full member of such agreements. .

Vietnam 211
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Concerns Abound for Europe and Germany’s Manufacturing Sector

Supply Chain Matters

For the specific region of Europe , we noted that the HCOB Eurozone Manufacturing PMI® report for August was headlined with plummeting new orders rates and rapidly depleting backlogs of work across the region. Bob Ferrari © Copyright 2023, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. All rights reserved.

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What is Genuinely New in Supply Chain Management?

Logistics Viewpoints

Surprisingly, most of the goods seized did not originate in China but rather in Malaysia and Vietnam. In the case of Vietnam, it was more likely that Vietnamese companies were making apparel with cotton grown or processed into fabric in Xinjiang.

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How Europe is Coping with Supply Chain Disruption

Jaggaer

And of course, the problem is acute right across Europe. And of course in Europe we still do not know what will be the full impact of Brexit. Sectors such as apparel, which have shifted production to countries such as Vietnam and Bangladesh, may see reshoring in the long run. Reshoring does not bring certainty of supply.

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Added Evidence of Emerging Regionalization of Global Supply Networks

Supply Chain Matters

Locations that have benefitted from this sourcing shift are noted in the report as Vietnam and Mexico , the latter being a preferred nearshoring or friendshoring alternative. As an example, the authors point to Vietnam gaining ground in electronics, apparel and textiles, while Mexico has been increasing U.S. supply chain activity.

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This Week in Logistics News (April15 – 20)

Logistics Viewpoints

In percentage terms, Vietnam’s exports grew the most. Meanwhile, Europe’s import of goods from China has remained fairly consistent when comparing the first couple months of 2023 to that same period in 2022. However, China and Singapore’ growth was the lowest among far east countries exporting to the US.

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Global Wide Manufacturing Output Strengthens in March 2024

Supply Chain Matters

along with Vietnam, Thailand and Indonesia. One of the more important observations from the March S&P Global report was the following: “ Inflows of new work strengthened from both domestic and export markets, the latter reportedly reflecting better sales to Africa, Asia, Europe and the U.S.” U.S. reflecting a 1.3 import needs.