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Vietnam's lockdown ensnares world's clothing giants

Vietnam's lockdown ensnares world's clothing giants

14 Sept 02:28 Key points summarised by AI
  • Vietnam's strict and lengthy coronavirus lockdown has severely disrupted its manufacturing sector, leading to significant product shortages for major global brands like Nike, Gap, and Adidas.
  • Factories faced drastic output reductions due to worker shortages, complex travel restrictions, and logistical hurdles, breaking up to 90% of garment supply chains in the country's south.
  • The disruptions contribute to surging global inflation and have prompted major companies to consider temporarily shifting production away from Vietnam, raising concerns about the long-term impact on the nation's manufacturing industry.
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