An intensely hot summer and unprecedented drought are straining energy supplies in northern Vietnam, prompting rolling blackouts and sudden power outages that have led to “uncountable” losses among local firms and foreign manufacturers.
Vietnam is a crucial part of the supply chain for some of the world’s most important companies, and many of them — including Samsung and Apple supplier Foxconn — have factories in the north, not far from the capital Hanoi.
Operations at a large number of factories have been badly impacted by the lengthy power outages, business leaders told.
Some were given very little notice or had no warning at all.— AFP
