Nike, Adidas supplier lays off 2,000 workers as orders plunge
Taiwanese shoemaker Pou Yuen Vietnam Co. Ltd., the largest employer in HCMC, has announced to lay off over 2,000 workers, blaming it on orders drying up.
Foxconn leases new site in Vietnam as Apple contractor continues to diversify production away from China
Taipei-listed Foxconn, formally known as Hon Hai Precision Industry, has signed a lease with Saigon-Bac Giang Industrial Park Corp. Foxconn’s latest deal in Vietnam comes after its iPhone plant in Zhengzhou was rocked last year by worker unrest amid a…
Acclaimed Vietnamese discusses future of local film industry
When the CJ Cultural Foundation and CJ CGV Vietnam started the CJ Short Film Project in Vietnam in 2017, the film-makers assigned to the selection and mentoring committees had no clue their choices would be so successful as to earn acclaim…
Vietnam dreams of becoming world’s next factory. But at what cost ?
“Do you think Vietnam has the potential to become the world’s next factory ?”
Global tech investors continue to bet on Vietnam
Vietnam’s growing capacity to make complex tech products is attracting more foreign investors who are setting up factories.
Why did Lego choose Vietnam, not China, to build first carbon-neutral factory ?
Toy behemoth’s move reflects how like-minded multinational firms are diversifying supply chains away from what has been known for decades as the world’s factory . Lost investment dollars amid the US-China trade war and pandemic have sparked concerns within China,…
Vietnam emerges as high-tech manufacturing hub
Global tech giants have continued to expand operations in Vietnam as the country becomes an increasingly trusted advanced technology manufacturing hub.
Apple to start MacBook production in Vietnam next year
Apple’s MacBooks are set to be produced in Vietnam starting next year for the first time, the latest of several Apple products that will be shifted to the country.
$148 mln Can Tho industrial park to begin construction in 2023
The first phase of the Vinh Thanh industrial complex in the Mekong Delta’s Can Tho City would cost VND3.7 trillion ($148.85 million) and begin construction next year, authorities said.
Vietnam tech firm FPT produces country’s first semiconductor chips
FPT Semiconductor, a unit of Vietnam’s leading tech company FPT, launched its first line of semiconductor chips used in medical devices on Wednesday (Sep 28), part of the company’s efforts to enter the competitive global industry.
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.
Vietnamese workers earn half of Thai counterparts in Japanese companies
Vietnamese workers earn half of their Thai counterparts in Japanese companies as they can only participate in sectors with low-added value, a study has found.
Make defense industry Vietnam’s spearhead
The defense industry needs to be closely linked with other sectors to serve both military and civilian purposes, Prime Minister Pham Minh Chinh said.
Vietnam is growing at 7%. Hanoi can do a lot better
Vietnam is buzzing. Global companies from Samsung Electronics Co. to Lego Group are opening mega factories there.
Labor shortage plagues Vietnam industries
Both foreign and local companies in various industries continue to grapple with labor shortages as they aim to expand activities in a recovering economy.
Google to produce smartphone in Vietnam
Google will make its Pixel smartphones in Vietnam for the first time in 2023 as part of efforts to reduce risks and dependence on China, a Taiwanese publication reported.
IT companies see Vietnam as new production hub
Vietnam is becoming a new manufacturing hub outside of China for many first-tier IT companies.
Seasonal workers getting short end of stick
Many seasonal workers don’t have labor contracts despite lasting working durations, preventing them from accessing benefits like social insurance or sick pay.
Help wanted : tech firms in Vietnam seek Chinese speakers
Apple suppliers and other businesses fleeing China-US tension hire bilingual talent
Vietnam gaining leverage in global supply chain
Despite challenges posed by the COVID-19 pandemic, Vietnam remains an attractive location for manufacturers that seek relocation from China, and it is gaining advantages with the Regional Comprehensive Economic Partnership (RCEP) agreement taking effect.
Indian firm to build $12-bln pharmaceutical hub in northern province
An Indian company plans to invest US$10-12 billion in building a pharmaceutical industrial park in the northern province of Hai Duong.
Vietnam needs ‘miraculous’ changes to industrialize
There were two events at the end of 2021 that left a strong impression on me and motivated me to write this.
Can VinFast turn Vietnam into an electric vehicle powerhouse ?
The competition to become the main player in the production of EVs in Southeast Asia is starting to heat up.
Why Vietnam took Philippines’ spot as worst place to be in Covid
Vietnam was once regarded as a success story in containing Covid-19, reporting only a handful of daily cases for the entire first year of the pandemic.
Why did Lego choose Vietnam for its first carbon neutral plant ?
Last week, popular Danish toymaker Lego Group announced plans to build a new manufacturing operation in Vietnam, signed through a Memorandum of Understanding with Vietnam Singapore Industrial Park Joint Venture Company Limited (VSIP).
Lego construit une usine d’un milliard de dollars au Vietnam
Le fabricant de jouets danois Lego va construire une usine au Vietnam afin de répondre à la demande en Asie.