Vietnam Industry and Trade News Bulletin for March 16, 2020
A. GENERAL ECONOMIC NEWS AND COVID-19 IMPACT 1. COVID-19 Challenges to Industrial Production and Logistics • Manufacturing Struggles: Enterprises like May 10 (Textiles) face revenue drops, supply chain disruptions, and the pressure of short-term interest rates while customer demand shifts. • Sector-Specific Issues: TKV (Coal and Minerals) is affected by its heavy dependence on the Chinese market and a shortage of Chinese experts for mining projects. PVN (Oil and Gas) faces revenue losses as global…