Vietnam PM allows export of medical masks after initial coronavirus control
With the annual garment revenues of US$39 billion, Vietnam holds the potential of becoming a face mask manufacturing hub.
Vietnam’s Prime Minister Nguyen Xuan Phuc has approved a plan on exporting surgical masks, Covid-19 drugs, and medical equipment after the country reported no coronavirus cases in the community for 10 days.
Vietnam has large production capacity of surgical masks. Photo: Dan Tri |
The products for export must be of good quality to preserve the national prestige.
As per the request by the National Steering Committee on Covid-19 Prevention and Control, exporters are eligible to export surgical masks without a quota on quantity and conditions of export.
Producers in Vietnam are now required to export 25% at most of their total surgical masks and the remaining for domestic consumption. Under a new draft regulation by the Ministry of Health, local producers could be allowed to export up to 80% of their products as the country has successfully contain the pandemic.
With the garment sector bringing annual export revenues of US$39 billion, Vietnam has turned into a manufacturing hub of surgical masks and anti-bacterial cloth masks. According to the Ministry of Industry and Trade, some 50 firms are capable of producing eight million anti-bacterial cloth masks per day.
Inside a military-run face mask factory. Photo: Thanh Nien |
Local firms have signed a number of contracts to export face masks and received positive feedback.
However, local economists warned that domestic producers must be cautious in investing in mask production equipment as the face mask is a seasonal product and the demand largely depends on the world’s consumption.
Regarding the quality of face masks, the Vietnam Trade Office in Belgium and Europe has warned domestic producers of quality, suggesting the companies give the top priority to quality.
Economist Vo Tri Thanh reminded local makers of China's low quality face masks that face lawsuits by European countries. “Vietnamese producers must be aware of the national prestige in making this kind of product,” he emphasized.
Other News
- Hanoi retail outlets open to keep prices stable during Tet
- Vietnam ensures power and fuel supply during Tet
- Bolstering transport connectivity: Focus in Vietnam-China relations
- Vietnam-US ties a reference for int’l relations: Marco Rubio
- Vietnam expected to join OECD: PM
- PM outlines key factors for ASEAN’s success in smart era
- Vietnam, Switzerland upgrade bilateral ties to comprehensive partnership
- The Czech Republic sees Vietnam as most important economic partner in SEA
- Hanoi seeks 5% export growth in 2025
Trending
-
Master urban planning to lift Hanoi into new era: Expert
-
Hanoi makes strides in traffic management
-
The 45 snake sculptures – unique masterpieces celebrate the Year of the Snake
-
Tet through the eyes of overseas students
-
Hanoi promotes urban decorations for Tet
-
Vietnam hosts first international lantern competition
-
Hanoi kicks off the Spring Calligraphy Festival in celebration of Lunar New Year
-
Hanoi’s central role means heightened responsibility in foreign affairs: Mayor
-
Hanoi revives historic Tet traditions in Duong Lam Ancient Village