Log in
Business

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.

Reactions:
Share:
Trending
Most Viewed
Related news
Vietnam posts five-year high FDI disbursement as investor confidence strengthens nationwide 2025

Vietnam posts five-year high FDI disbursement as investor confidence strengthens nationwide 2025

Despite global economic and geopolitical headwinds, foreign capital flows into Vietnam accelerated in 2025, with investment increasingly concentrated in high value-added sectors, highlighting the country’s growing appeal as a stable, long-term destination for investors.

VN-Index set for 2,200-mark next year: JP Morgan

VN-Index set for 2,200-mark next year: JP Morgan

Vietnam’s appeal goes beyond the upgrade, driven by major economic reforms that are lifting business and consumer confidence, as well as improving profit prospects over the next three to five years.

Vietnam to launch smart agriculture innovation center in Lang Son

Vietnam to launch smart agriculture innovation center in Lang Son

The center is expected to bridge gaps in technology testing, connect farmers with researchers and markets and accelerate sustainable, high-tech agricultural development nationwide.

Hanoi urged to train 100,000 digital engineers through online academy

Hanoi urged to train 100,000 digital engineers through online academy

The Capital Strategic Technology Development Forum gathered a wide range of proposals from businesses, experts and investors on how Hanoi should shape its deep-tech development agenda in the coming decades with a long-term vision to 2045.

Inclusive innovation must give everyone equal voice, experts say at TECHFEST Vietnam 2025

Inclusive innovation must give everyone equal voice, experts say at TECHFEST Vietnam 2025

Open innovation is becoming a cornerstone of Vietnam’s development strategy, as policymakers, experts and international partners emphasize people-centered collaboration to tackle inequality, climate change and urbanization through inclusive, technology-driven solutions showcased at TECHFEST Vietnam 2025.

Vietnam attracts $400 million in venture capital as tech startups surge

Vietnam attracts $400 million in venture capital as tech startups surge

Vietnam’s startup ecosystem continues to expand rapidly, with strong venture capital inflows and fast growth in digital, AI and green technologies, reinforcing the country’s appeal to global investors.

Vietnamese policymakers push for early launch of gold exchange

Vietnamese policymakers push for early launch of gold exchange

A transparent gold exchange would not only offer a safe investment channel for the public but also provide a foundation for Vietnam to become a regional hub for jewelry manufacturing and exports.

Rosatom commits to advanced-technology Ninh Thuan 1 nuclear plant in Vietnam

Rosatom commits to advanced-technology Ninh Thuan 1 nuclear plant in Vietnam

Rosatom will transfer technology, localize nuclear products in Vietnam and support the development of the country’s nuclear science and industry for peaceful purposes.