Vietnam and the Great Supply Chain Realignment
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The COVID-19 pandemic is driving a substantial realignment of global supply chains. Governments and companies are assessing whether to keep export-oriented production in China or move it elsewhere. Japan is directly subsidizing companies to move supply chains out of China and is working with the United States and others, including Korea, India, Australia and Vietnam to accelerate this process.
Much of the production is going to Southeast Asia, with Vietnam being a key location of choice. With a 6.5% growth rate in 2019, Vietnam is cost competitive and has an increasingly close relationship with the United States. Through its membership in the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP), it also has free trade with Canada and Mexico.
On Wednesday, July 8, 2020, Dickinson Wright is pleased to host a webinar that will assess this great supply chain realignment and will look in depth at what companies need to know about Vietnam as a production location and a market. Notably, two of our presenters, Ms. Thuy and Ms. Huyen, will be joining us live from Hanoi, Vietnam, to give us an on-the-ground view of developments in that country.
Our Speakers include:
- Mr. Eric Miller, President, Rideau Potomac Strategy Group, Washington, D.C., USA
Theme: Supply Chain Realignment and the Vietnam Option - Ms. Pham Thi Ngoc Thuy, Standing Deputy Chief Executive Officer, Private Sector Development Office and Standing Deputy Director, Vietnam Economic Forum, Hanoi, Vietnam
Theme: How Vietnam's Private Sector Sees Shifting Global Production Networks - Mr. Brian Staples, President, Trade Facilitation Services, Ottawa, Canada
Theme: Understanding Vietnam's Trade Regime and Network of Agreements: Options for Sourcing and Distribution - Ms. Hoang Thu Huyen, President, Asia Business Consulting, Hanoi, Vietnam
Theme: Establishing and Operating in Vietnam: Legal, Tax and Everything Else You Need to Know - Dan Ujczo, Practice Group Chair, International and Regional Practices, Dickinson Wright PLLC, Columbus, Ohio, USA
The webinar is complimentary but registration is required.To learn more or to register, please click here.
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