An online seminar entitled “Urgent and long-term solutions to prevent supply chain disruptions” was held on August 7 by Vietnam Economic Times, Tap Chi Kinh te Viet Nam, and VnEconomy.

The impact of Covid-19 on the supply chain has been different this year compared to last. The problems facing businesses over the past few months have not related to supply or demand but to manufacturing.

Vietnam’s consumption markets have, in fact, recovered, but businesses are having difficulties ensuring production because the seriousness of the pandemic makes it hard for them to complete customer orders.

The processing and manufacturing of industrial products accounts for more than 85 per cent of the country’s export turnover and creates tens of millions of direct jobs and indirect jobs in related industries. Disruptions to value and supply chains in manufacturing seriously affects Vietnam’s social security and economy in the short term as well as in the long term.

So, what are the greatest difficulties and challenges businesses are facing and will have to face? How do solutions applied in the past to maintain production and administrative measures support or cause difficulties and obstacles for the operations of enterprises?

What urgent, long-term solutions will maintain production while the fight against Covid-19 continues?

Such issues were on the agenda at the online seminar, which aimed to assess the situation facing enterprises prior to the pandemic and evaluate the effectiveness and appropriateness of government solutions to ensure the “dual goals” of pandemic prevention and economic development are met.

The seminar was attended by representatives from the Ministry of Industry and Trade (MoIT), State management agencies, associations, and businesses, as well as experts in the fields of health and business.