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US firms in Vietnam hit by supply chain issues
US manufacturing firms operating in Vietnam are suffering supply chain issues due to the coronavirus outbreak, according to a survey of American Chamber of Commerce (AmCham) members in Vietnam, the business chamber said.
“More than half of our members in the manufacturing sector are experiencing difficulty sourcing supplies/materials due to disruptions from the coronavirus,” said AmCham executive director, Adam Sitkoff.
More than one-third of members say current supply chain disruptions are already seriously impacting their company’s global operations, the statement said, adding that the biggest challenges are securing alternative materials and goods, along with inventory management.
“Supply chain disruptions and travel restrictions are and will continue to impact many business sectors,” Mr Sitkoff said.
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