According to the announcement by the Ministry of Health of Vietnam:
On July 24, 7,968 new cases were confirmed in Vietnam.
It was announced on the morning of July 25 that as of 6 a.m., Vietnam had 3,979 new confirmed cases, bringing the total number of confirmed cases of COVID-19 in Vietnam to 94,913.
On July 24, Vietnam announced a 15-day blockade of the capital Hanoi starting from now on.
According to reports, the blockade order was issued late on Friday night, prohibiting public gatherings of more than two people, and only government agencies, hospitals and essential businesses can remain open.
Footwear giants Baocheng and Fengtai announced that they will continue to suspend work
A subsidiary of Fengtai (9910), Nike’s main OEM shoe factory Vung Tau Orient (TO), a factory in Vietnam, was originally scheduled to suspend operations from July 19 to 24. However, because the dormitories or transportation vehicles in the factory are still unable to meet the strict epidemic prevention requirements of the local government, Fengtai announced on the 23rd that the TO factory will be closed. The suspension of operations will be extended to August 1.
This is after Vietnam’s Dona Victor (DV), Dona Pacific (DP), Dona Orient (DO), and the mold factory Dona Victor Molds (DVM), formerly owned by Fengtai. From July 17th to 23rd, and then extended to August 1st, the TO factory’s suspension of operations was also extended to August 1st.
As for Dona Standard Footwear (DS), the largest shoemaking factory in Vietnam owned by Fengtai, whether it will be extended in the future has attracted much attention.
The shoe giant Baocheng also issued an announcement on the 23rd:
The company’s subsidiary Yue Yuen Industrial (Group) Co., Ltd.’s Bao Yuan Shoe Factory in Ho Chi Minh City, Vietnam, has extended the suspension of operations to August 1, 2021 in order to comply with the local government’s epidemic prevention requirements and the health and safety of colleagues.
Screenshot of Baocheng Group’s announcement
The spread of the epidemic in Vietnam
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Nearly 30% of local Korean companies have suspended operations
Yonhap News Agency in Hanoi reported on July 25:
Survey results released by the Ho Chi Minh Korean Chamber of Commerce and Workers (KOCHAM, hereinafter referred to as the Federation) on the 25th showed that as the new crown epidemic spread rapidly in southern Vietnam, 70 (27.5%) local Korean companies were forced to suspend operations.
The Federation conducted a three-day survey on operating rates of 254 member companies starting from the 19th of this month. The results showed that 36 Korean companies stopped working in the Long’an area, where Korean companies are concentrated. Many Korean companies located in Ho Chi Minh City (10 companies), Binh Duong (9 companies), Dong Nai (7 companies), Tien Giang (3 companies), Nanning and Vinh Phuc (2 companies each) and An Giang (1 company) have also suspended production. Although the Samsung Electronics home appliance production line in Ho Chi Minh City is still operating, its operating rate has dropped below 40%.
According to local government regulations, Korean companies within the jurisdiction can only start production lines by arranging employee accommodation within the factory. Therefore, except for large companies such as Samsung Electronics and CJ, small and medium-sized enterprises are facing difficulties in arranging temporary accommodation for employees.
The epidemic in Vietnam shows little sign of slowing down
Vietnam last year It has successfully contained a limited COVID-19 epidemic, but cases have surged since late April this year. Currently, about 1/3 of the country’s 100 million people are subject to lockdown orders.
However, the epidemic in Vietnam shows few signs of slowing down. Ho Chi Minh City, a major commercial city in the south with the majority of confirmed cases in the country, announced yesterday that it would extend its lockdown order.
Vietnam is currently making slow progress in purchasing and administering vaccines, with only nearly 4.5 million doses of vaccines administered so far. Vietnam is also developing its own vaccine, and authorities have said they hope to achieve herd immunity by early 2022. </p
