Factory resumption eases supply chain constraints in SEA: WSJ

Factories have reopened and production is steadily picking up in major manufacturing centres of Southeast Asia as COVID-19 cases have dropped in recent weeks, easing some of the supply chain constraints that companies blame for lost sales, reported the US’s Wall Street Journal (WSJ).
Factory resumption eases supply chain constraints in SEA: WSJ ảnh 1Illustrative image (Photo: VNA)

Hanoi (VNA) - Factories have reopened and production is steadily picking up inmajor manufacturing centres of Southeast Asia as COVID-19 cases have dropped inrecent weeks, easing some of the supply chain constraints that companies blame for lost sales, reported the US’sWall Street Journal (WSJ).

In Malaysia, Vietnam, Indonesia and the Philippines, the numberof daily cases was lower than by a half compared to early September whenthey battled with the serious outbreak of COVID-19 caused by Delta variant.

The newspaper said Vietnam has considerably loosenedrestrictions since early October, making it easier for factories to reopen.

However, Apple CEO Tim Cook held that despiteimprovements in October, the situation in the region remains unpredictable.

Peter Mumford, Practice Head, Southeast and South Asia at Eurasia Group,said the shortage of workers could still suspend full recovery in the comingmonths./.

VNA

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