Recently, according to the Vietnam News Agency:
——According to the report of the General Bureau of Statistics of Vietnam Data show that in the first two months of 2020, there were 17,400 newly established companies in Vietnam, a year-on-year increase of 9.1%; 11,900 companies have resumed operations, a year-on-year increase of 17.1%; nearly 16,200 companies have suspended operations, a year-on-year increase of 19.5%.
In February, there were 9,163 newly established enterprises in Vietnam, with a registered capital of 96.8 trillion VND, involving 73,000 employees, an increase of 10.7%, 21.4% and 13.5% respectively from the previous month. .
3,630 enterprises have resumed work and production in Vietnam, a month-on-month decrease of 57.1% and a year-on-year increase of 107.8%;
4,567 enterprises have suspended operations. , a month-on-month decrease of 61% and a year-on-year decrease of 61.8%…
Vietnam’s production efficiency advantage may be no longer!
Recently, according to Taiwanese media reports:
The transfer of production capacity in the global supply chain has attracted renewed attention, and foreign investment has also focused on textiles, apparel and footwear. Regarding the outlook for the supply chain, foreign investors from Europe said that apparel OEMs in Vietnam, which have the largest production capacity, have gradually lost production benefits from relocating from China due to labor shortages and rising wages. They are optimistic about Baihe (9938), which has the demand for sports brand factories. He Shenzhou International lowered the target prices of textile giants Ruhong (1476) and Juyang (1477).
European foreign investors said that taking into account the slowdown in shipment growth, the exchange rate and raw material costs will reduce the average unit price, and the rising labor wages in Vietnam, they will lower the revenue of Taiwanese apparel OEM factories this year. Profit forecast is 13~15%.
Given that the global demand for sports brands exceeds 8.5%, which is more elastic than the industry’s 3%, apparel OEMs related to sports brand factories, such as Shenzhou International, Baihe (9938) will outperform the industry, which may see a wave of consolidation in the future.
33 garment factories in Cambodia applied to suspend operations
20,000 workers were affected Influence!
As of March 3, a total of 33 factories in Cambodia have applied to the Ministry of Labor to suspend operations due to shortages of raw materials, affecting nearly 20,000 workers. If the epidemic in China is not resolved, 200 factories may apply to suspend operations!
Hing Sok, spokesperson of the Ministry of Labor and Vocational Training, said that there are 62,000 workers in these 33 factories. During the period of application for suspension, 17,096 workers were asked to suspend work for two weeks.
He said that these companies or factories only applied to temporarily suspend some production lines. For example, a factory has 6 production lines, but they only applied to suspend one.
“The factory expects raw materials to arrive at the end of March.” He emphasized that the Ministry of Labor originally thought that all production lines would be suspended, but later after factory evaluation, it was found that only a quarter of the production lines would be stopped, and that The time is only half a month.
The spokesperson emphasized that in order to get raw materials to Cambodia as soon as possible, the government is working hard to coordinate with China, and the work seems to be very effective so far. He said that as of March 2, the number of factories that have applied to suspend production has not caused concern, and the shutdown time is not as long as the previously expected two months.
Jun Muangthong, chairman of the Khmer Trade Unions Association, said that a factory in Prague Province applied for a partial production line shutdown because raw materials were delayed, affecting about 1,000 to 1,500 workers in the factory (equivalent to 50%).
He said that currently about 80% of factories in China have begun to resume work, and about 80% to 90% of raw materials can be shipped to Cambodia by the end of this month. Ai Tun, chairman of the Cambodia Democratic Garment Workers Union (C.CAWDU), said that among the 100 companies, at least 7 to 8 companies have applied to temporarily suspend production.
If the new coronavirus epidemic in China is not resolved for a long time, 200 factories may apply to suspend operations!
It’s impossible without China
Factories moved to Southeast Asia cannot start smoothly!
China’s advantage is that we are the only country in the world with a full industrial chain, with 39 major industrial categories, 191 medium categories and 525 small categories. It is the only country that has all industrial categories in the United Nations Industrial Classification, thus forming an industrial system with complete industries.
Quality and competitiveness aside, we can independently produce all industrial products from clothing, footwear and aerospace, from raw materials and minerals to industrial machines, which can meet people’s livelihood, The needs of all fields such as military, infrastructure and scientific research.
Only China in the world can resist such large-scale economic losses as this epidemic. Other countries are simply unable to resist and can only resign themselves to fate. In other words, as long as China does not fall, people around the world will be saved.
In addition to China, many factories that have moved to Vietnam, Cambodia and other places have also been unable to start operations smoothly. It is understood that a textile factory moved its production capacity from China to Vietnam last year because of the intense trade war between China and the United States. In order to diversify risks, the factory has just been completed, foreign orders have been placed, and the mainland management cadres have also applied for visas. They are just waiting. Construction can start in the New Year, but now management cadres from mainland China are not available, making it impossible for the production line to operate smoothly. “I hope customers can understand me now.”�, no one wants to encounter this situation. “The boss said helplessly.
In addition, the epidemic has also brought an impact on logistics. Although Vietnam’s industrial chain is gradually improving, there are many The raw materials are all imported from China and are very closely related to each other. “Most of our factories only have about one month’s supply of noodles and accessories. If the epidemic continues to be severe and China’s output of noodles and accessories is interrupted, we may have to suspend production! “A garment manufacturer said.
In addition to Vietnam, Cambodia is also facing the impact of insufficient raw materials and fabrics. From this point of view, if the epidemic in China continues to spread, even if customers will The orders were transferred to Vietnam, Cambodia and other places. No matter how full the orders were, they could not successfully complete them.
The suspension of European Fashion Week and the suspension of manufacturing production
Will impact China-Europe trade logistics
What is worrying is the further outbreak of the epidemic In Europe, the rapidly spreading epidemic swept through Italy. There were 1,332 new confirmed cases in a single day, and the chairman of the Democratic Party was diagnosed with infection… Bad news about the new coronavirus epidemic came one after another, and Italy was completely panicked. This country is good at defensive counterattack tactics. The country of football is still defenseless against the raging viruses today.
A comprehensive blockade is the most stringent defensive measure currently taken by Italy. 14 provinces have been blocked and the movements of 16 million people have been restricted. Italy, which has entered a national state of emergency, has finally made up its mind to implement a comprehensive blockade starting from March 8. , except for special work reasons and emergencies, it is prohibited to enter and leave Lombardy and the 14 provinces located in Veneto, Emilia-Romagna, Piedmont and Marche. Freight is suspended at the same time?! It remains to be confirmed by readers Verification.
There are 20 regions in Italy. Regions are the first-level administrative regions of the country, and provinces are the lower level of the regions. administrative district. Lombardy is the region with the most confirmed cases of COVID-19 in the country so far. According to the decree, Lombardy and 14 provinces were divided into designated red zones, including Milan, the capital of Lombardy, and Venice, the capital of Veneto.
With the current epidemic, economic pressure has been hanging over Italy’s head. Tourist attractions have been closed, fashion weeks have been suspended, and manufacturing has been suspended. It is also hanging on the entire Europe, which will Impact on domestic Sino-European trade logistics.
As of 18:00 on March 8, Beijing time, the total number of confirmed cases of new coronavirus pneumonia in Europe reached 9,908, with 949 confirmed cases in France, second only to Italy, 847 confirmed cases in Germany, and 847 confirmed cases in Spain. , Switzerland, the Netherlands, Belgium and other countries all have more than 100 confirmed cases.
“Initially, no one cared about this disaster, until this disaster was closely related to everyone.”
The global supply chain is eager to resume operations in Chinese factories!
This epidemic has not only had a great impact on China, Southeast Asian countries, the United States, and even the whole world, but it has also proved that China is indispensable in the textile industry chain. Indispensable!
At the beginning of the new coronavirus in China, U.S. Secretary of Commerce Ross once said that “the spread of the epidemic is beneficial to U.S. manufacturing.” But he wanted to take advantage of the epidemic to get rid of China In this case, more and more facts prove that Ross thinks too much.
But fortunately, the epidemic in China has been effectively controlled. New cases in many places have dropped significantly, and companies have resumed work one after another. I believe that we are far away from truly defeating the virus. The day is not far away! </p
