upcoming events

Oct 2020
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31

Survey

1. What do you consider the largest Risk for your company?

2. What are the Risk Mitigation Strategies you apply?

Submit

Galleries

This event is open for all professionals interested or currently working in Starups in Hanoi, or supply chai professionals in Hanoi, or who are interested in looking for business collaboration for U.S. market through meeting with a delegation of Baylor University (U.S.), Executive Master Program.

CAREER OPPORTUNITIES

PROCUREMENT MANAGER (RETAIL FASHION) - AU CHAU FASHION & COSMETICS CO., LTD

Founded in 2009, Au Chau Fashion and Cosmetic Company (ACFC) - a division of Imex Pan Pacific (IPP) Group, is the seat of some of the world's premium and most admired fashion brands. ACFC is the leader in brand management and distribution company specializing in international brands in Vietnam, a driving force of retail and distribution networks and provides full-service retail management in the country. Some our brands are Nike, Tommy Hilfiger, Diesel, Tumi, Gap, Calvin Klein, Banana Republic, Mango....

PROCUREMENT MANAGER - ABBOTT

Abbott believes in the power of health. With better health, people and communities can live better and achieve more.
- We create new solutions - in diagnostics, medical devices, nutrition and branded generic pharmaceuticals - that help people around the world, in all stages of life, live their best lives through better health.

INTERNATIONAL SOURCING MANAGER - VIETNAM, THAILAND, MALAYSIA, INDONESIA, INDIA - NIMBUS 9

Our company is a rapidly growing company based in The US and Vietnam. We are evolving into an international sourcing business with a focus on Hygiene products. Our clients are mostly US focused and conglomerates.

JAPAN, INDIA AND AUSTRALIA EYE 'SUPPLY CHAIN PACT' TO COUNTER CHINA

2020-08-27 17:30:13

Share with friends

 

JAPAN, INDIA AND AUSTRALIA EYE 'SUPPLY CHAIN PACT' TO COUNTER CHINA

 

The Maersk Eindhoven container ship, operated by Maersk Line Ltd., is moored next to gantry cranes at a shipping terminal in Yokohama on July 19. | BLOOMBERG

The Maersk Eindhoven container ship, operated by Maersk Line Ltd., is moored next to gantry cranes at a shipping terminal in Yokohama on July 19.

 

NEW DELHI/TOKYO – Japan, India and Australia are seeking to build stronger supply chains to counter China’s dominance as trade and geopolitical tensions escalate across the region, according to people in Tokyo and New Delhi with knowledge of the matter.

 

The three nations are discussing building a “supply chain resilience initiative,” according to the people, who asked not to be identified because they are not authorized to speak to the media about internal discussions. The talks are currently at the working level, but Japan would like to bring them to a higher level at some point, according to a person in Tokyo.

 

India’s government is considering the plan and will make a decision soon about whether to participate, some of the people said. An Australian official declined to confirm the talks.
 

The intensifying U.S.-China conflict and worsening diplomatic relations across the region are forcing companies to consider whether they can continue to do business in China as before. In addition, the disruptions to trade caused by COVID-19 have underlined how dependent many nations were on China for essential goods such as ventilators or masks, spurring talk about diversification.

 

Japan is trying to pare its reliance on Chinese factories, with the government subsidizing some companies to shift or expand operations in Japan and Southeast Asia. So far 87 firms are participating in the program, which will pay out ¥243.5 billion ($2.3 billion).

 

Both India’s and Australia’s trade and diplomatic relations with China are fraying. Prime Minister Narendra Modi’s government restricted some Chinese imports and banned several Chinese apps after a deadly border clash with its neighbor. In Australia, exports like beef, barley and now wine have been targeted by China amid deteriorating ties between the two nations.

 

Along with the U.S., Japan, Australia and India are members of the Quadrilateral Security Dialogue, or Quad, a loose grouping for national security consultation.

 

Two calls and a text message sent to India’s trade ministry spokesperson during business hours were unanswered.

 

A spokesman for Australia’s foreign ministry said the nation is working with a range of partners to ensure supply chains are kept open and resilient during the recovery from COVID-19, but did not confirm whether it was working on a deal with Japan and India. There’s no clear agreement among the three nations on any action yet, an official from Japan’s trade ministry said.

 

Earlier this year Australia and India agreed to work together on diversifying supply chains.

 

The new proposal will seek to lean on such bilateral agreements between countries and put in place further measures for trade facilitation and attracting foreign direct investment in the Indo-Pacific region, the people said. Nations from Southeast Asia would also be invited to participate, they said.