Post by PwC Vietnam

Vietnamese businesses proactively diversify supply chains amid Middle East tensions Amid the ongoing geopolitical tensions in the Middle East, not only Vietnamese regulatory authorities but also businesses are proactively adjusting their strategies to address emerging risks. In an interview with VTV1, Mr. Nguyen Hoang Nam (Nguyen Hoang Nam) – ESG Services Leader and Partner, Assurance Services, PwC Vietnam – shared insights into how businesses are responding to those challenges. He emphasised: “In the current context, businesses need to prioritise cash flow management, proactively identify alternative supply chains, and strengthen short-term risk management to safeguard their credibility with partners.” In addition, Mr. Nam suggested that reducing reliance on imported fossil fuels would not only help mitigate the impacts of price volatility and supply disruptions, but also enhance competitiveness, cost resilience, and long-term sustainability. 💡 Watch the full interview: https://lnkd.in/g9Mingpv #PwCVietnam #MiddleEast #Logistics #SupplyChains