Japanese news service Nikkei Asia has published an article detailing Apple’s plan to move some iPad production out of China and begin to operate in Vietnam after strict COVID-19 lockdowns in and around Shanghai have led to months of supply chain disruptions.
Despite the negative impacts of the latest COVID-19 wave in the nation, Canadian businesses remain optimistic about Vietnamese economic prospects in the medium term and future business opportunities.
Vietnam continues to be selected by many US and European businesses in global supply chains over the next 12 months, according to a survey by Qima - a supply chain solutions provider.