tesa, an international manufacturer of adhesive tapes and self-adhesive solutions, officially opened its new 55 million Euro (US$53.1 million) site in the northern port city of Hải Phòng as part of its strategy to regionalise production, expand capacity and optimise supply...
The new site is part of tesa''s strategic orientation to regionalise production. It expands the regional production capacity and optimises the supply chains to ensure reliable regional availability of both its products as well as transport capacities and the procurement...
The virus is intensifying the trend, according to the article. ASEAN countries, including Viet Nam, see themselves in a good position to benefit from the trend.