The COVID 19 pandemic made 15% of companies to cut production. Textile industry were most heavily impacted with 1.2 million jobs affected. Shortly, the Vietnamese government promptly made important decisions to scope with a global economic downturn. Which helping Vietnam’s economy and manufacturing industry still hold out after the pandemic.
![new businesses devlopment](http://www.vietnamsourcing.net/wp-content/uploads/2020/05/17351589470407006.png)
Many Vietnamese companies have shifted their business to producing masks, exporting personal protective equipment and protective equipment to countries affected by The COVID 19 pandemic.
![Receiving aid from other countries](http://www.vietnamsourcing.net/wp-content/uploads/2020/05/90431589470343904.png)
Japan launched a US $ 220 million aid program to encourage domestic manufacturers to relocate their overseas production facilities to Southeast Asia.
![relocation of global supply chain](http://www.vietnamsourcing.net/wp-content/uploads/2020/05/34071589470441816.png)
While China is still affected by the pandemic, manufacturers in Vietnam have begun to find new sources of raw materials in other countries such as Korea, Japan and India.