Mask exports fall as global demand declines
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Vietnam’s mask exports fell by nearly 35 percent in July to 154 million units as global demand dwindled.
By the end of the month, the country had exported 711 million masks to the U.S., Europe, Singapore, South Korea, and other markets since the Covid-19 pandemic began early this year.
The government started allowing unlimited exports of masks since the end of April to help businesses take advantage of the high demand for them as the disease spread rapidly.
Industry insiders now say demand is falling since many countries have been able to contain the pandemic.
Nguyen Van Thoi, chairman of garment company TNG in the northern province of Thai Nguyen, said last month his company had ceased production of masks. Other garment producers have also done so and gone back to their normal products.
Questions & Answers
Q.What was the total volume of mask exports from Vietnam since the start of the Covid-19 pandemic?
What was the total volume of mask exports from Vietnam since the start of the Covid-19 pandemic?
Vietnam exported a total of 711 million masks to various international markets, including the U.S. And Europe, from early this year until the end of July.
Q.Which specific company is mentioned as having stopped mask production?
Which specific company is mentioned as having stopped mask production?
Nguyen Van Thoi, chairman of the garment company TNG, stated that his company had ceased production of masks last month.
Q.When did the Vietnamese government allow unlimited mask exports?
When did the Vietnamese government allow unlimited mask exports?
The Vietnamese government started allowing businesses to export masks without limits from the end of April, aiming to capitalise on high demand.
Q.What is the primary reason given for the decline in global mask demand?
What is the primary reason given for the decline in global mask demand?
Industry insiders suggest that demand is falling because many countries have successfully contained the pandemic, reducing the need for masks.