Recently, a large number of workers have fled the southern industrial zone where the new crown epidemic has been severe and returned to their homes in the countryside. The local government estimates that more than 2 million people may have left.
It is reported that due to low labor costs and raw material costs, Vietnam has become a global “manufacturing base”. Last year, the world was hit by the epidemic, but the Vietnamese economy achieved a positive growth of 2.9%. It was one of the few countries in Asia that experienced economic growth that year.
In the third quarter of this year, the Vietnamese economy shrank by 6.17% year-on-year, a record low in the past three decades. The raging epidemic has caused more and more workers to flee factories and cities.
During the epidemic, more than 40,000 factories in Vietnam have stopped work, an increase of 25.7% compared to last year, most of which are electronics, chip, and mobile phone manufacturers.
At present, the shutdown of factories has also caused serious damage to many technology companies such as Apple. It may cause the interruption or extension of iPhone 13 delivery due to the closure of parts supply plants. The reason is that a large number of parts are assembled in Vietnam.
Currently, the waiting time for iPhone 13 Pro 512 GB Yuanfeng Blue is as long as five weeks in China, Japan, and other countries, and four weeks in the United States. Some analysts said that tight supply chains and strong demand are causing Apple iPhone 13 to become the product series with the longest waiting time for users in recent years.
There are many semiconductor manufacturers setting up factories in Vietnam, including Intel, Microsoft, Nokia, Samsung, LG, Canon, and Hon Hai.