Foreign investment surges in Vietnam as companies plan new factories
Foreign investment in Vietnam surged in October as the manufacturing hub attracted more than double the financial pledges it has received monthly this year, amid a big boost in spending for new plants, official data showed on Friday.
Chinese wary of Vietnam’s potential as new world factory
International media has continuously reported on the great chance Vietnam might stand to replace China as the world’s production center.
Vietnam’s factory operations hit as supply chain snags multiply
Manufacturing PMI dips as labor shortages and input costs weigh on recovery
Pandemic, trade wars accelerate Vietnam’s rise as world factory
Trade wars and the pandemic have accelerated Vietnam’s push to challenge China as the world’s factory, as the nation’s careful management of COVID-19 adds to its attraction to companies looking to dodge US tariffs.
Thousands lose jobs to pandemic in Vietnam
Many textiles and footwear businesses are letting thousands of employees go as the Covid-19 pandemic cuts new orders.
Why EU-Vietnam free-trade deal can’t topple China as world’s factory
Agreement to slash tariffs should boost European investment in Asia’s ‘export rock star’, but is no silver bullet for post-coronavirus recovery, experts say
World’s biggest maker of sneakers asked to halt Vietnam operations
Ho Chi Minh City is seeking the Vietnam premier’s approval to temporarily shut down a unit of Pou Chen Corp., the world’s largest maker of athletic shoes, because of concerns about a potential outbreak of the coronavirus.