ex. Game, Music, Video, Photography

Covid restrictions could cause businesses to quit Vietnam: EuroCham

No European business has left Vietnam due to Covid-19, but continued restrictions and delayed vaccination could cause them to do so, a EuroCham executive said.

Ngày đăng: 14 tháng 9, 2021
Cập nhật: 18 tháng 1, 2023
Lượt xem: 312206573
Nguồn: vnexpress

"If these conditions persist for too much longer, new investment projects could be put at risk and companies could consider relocating elsewhere in the region," the business group’s chairman, Alain Cany, told the media Thursday after a meeting he and other European business executives in Vietnam held with Prime Minister Pham Minh Chinh and other top government officials.

He was referring to the lockdowns, travel restrictions, and social distancing that Vietnam has imposed in major cities to curb the spread of the Delta variant.

"The impact of this fourth wave on our members has been dire."

Almost a fifth of European companies in Vietnam have temporarily shifted some production overseas, with another 16 percent considering similar action, he said.

The EuroCham Business Climate Index is now at its lowest in more than a decade.

It has dropped to 15.2 points out of 100, continuing a declining trend since the second quarter when the fourth Covid wave began.

Cany said the solution is mass vaccination, and EuroCham members are willing to fund the acceleration of the process, but due to the exclusive arrangements between manufacturers, suppliers and governments it is not possible for them to buy vaccines for Vietnam.

The four-hour meeting on Thursday was the third time the PM has met foreign business executives in Vietnam over the pandemic issue.

Last week he told Samsung executives that Vietnam would not fail the trust foreign companies have in its ability to combat Covid-19.

Foreign direct investment in the first eight months fell 2.1 percent year-on-year to $19.12 billion amid flight and other restrictions.

To keep back foreign companies, EuroCham said the government should provide a clear road map of measures to resolve the problems faced by them.

Workers, especially at European companies, should be vaccinated quickly, it said.

It also sought the creation of electronic vaccination passports to ensure free movement of vaccinated people within and to Vietnam.

The stay-at-work model needs to be refined, as it places a huge burden on both companies and their workers, it added.

France’s ambassador to Vietnam, Nicolas Warnery, has urged Vietnam to relax its policy to allow fully vaccinated foreign experts to visit.

Tin tức liên quan

 New securities trading accounts reach record high
business 13/04/2021

New securities trading accounts reach record high

data-speaks | 187136612

The number of investors entering the stock market continues to climb with 113,875 new trading accounts opened in March, the highest monthly figure ever.

309 kilos of suspected ivory seized in Hanoi
news 25/09/2021

309 kilos of suspected ivory seized in Hanoi

news | 338776582

Around 309 kilograms of what are suspected to be elephant tusks from Nigeria were seized at Noi Bai Airport on Saturday.

news 08/09/2021

Gov't agrees to give HCMC more autonomy

news | 252566589

The city will have authority over 'certain matters' which are currently controlled by ministries and other central government units.

 Vietnamese boxer
sports 11/07/2021

Vietnamese boxer's IBA championship fight postponed due to Covid-19

sports | 224026604

Tran Van Thao confirmed his fight for the world’s bantamweight IBA belt has moved to September because of the new Covid-19 wave in Vietnam.

world 22/03/2021

'Blockbuster' WWII bomb forces evacuation of 60,000 in Frankfurt

world | 55026606

More than 70 years after the end of the war, unexploded bombs are regularly found buried in Germany.

travel-life 29/03/2021

Indonesia 'anti-LGBT abuses' fuel HIV cases: Human Rights Watch

travel-life | 151576607

Police conducted 'arbitrary and unlawful' raids on places frequented by LGBT people, it said.

 Drug addiction sees numbers rising to 28,500 in HCMC
news 16/11/2021

Drug addiction sees numbers rising to 28,500 in HCMC

news | 353696573

Over 28,500 people in HCMC are drug addicts, a 4.3 percent increase from late 2020, according to the municipal People's Committee.

 HCMC vaccinates high-risk communities against Covid
news 24/06/2021

HCMC vaccinates high-risk communities against Covid

news | 220496595

Hundreds of residents in Go Vap and Binh Thanh Districts have been inoculated against Covid-19 in a historic vaccination campaign initiated by Ho Chi Minh City.

 ​HDBank profit up 87 pct
business 08/04/2021

​HDBank profit up 87 pct

companies | 184296603

HDBank reported a 67 percent increase year-on-year in consolidated profit in the first quarter to over VND2 trillion ($86.9 million).

 HCMC coastal district plans to reopen tourism in late September
travel 13/09/2021

HCMC coastal district plans to reopen tourism in late September

places | 308856588

Can Gio, the only coastal district in HCMC, plans to trial a tour with pandemic restrictions on Sept. 30 as part of a city-wide economic reopening.

Link Tài Trợ - Sponsored Links

Công Thức Vật Lý