Vietnam expects 50,000 new virus cases in major manufacturing hub
Vietnam will deploy troops to industrial Binh Duong province, a major manufacturing hub in the Southeast Asian country, to help contain an expected 50,000 additional coronavirus infections there over the next two weeks, the government said on Thursday.
Despite COVID-19, Vietnam’s electronics industry has room to grow
The current slump should not disguise the fact that the trend lines are all pointing in the right direction.
Let workers go home, factories in the south propose
Many businesses in the southern region have found the stay-at-work production model financially untenable and want a more flexible Covid-19 strategy to keep supply chains intact.
Covid surge in Vietnam hits global supply chains
Manufacturers for Nike and Adidas forced to close factories as infections rise
As Vietnam’s coronavirus surge continues, lockdowns take their toll on factory output, small businesses
Vietnam’s Covid-19 hotspot Ho Chi Minh City has twice extended its lockdown, hitting manufacturers trying to export items such as clothing. An economist said the fourth wave is more devastating for labour migrants, informal workers and those in service industries…
Supply chain disruption threatens foreign giants as Covid-19 rages
Key suppliers for major companies like Netflix and Nike have been forced to host employees on site or cease production as Covid-19 keeps spreading, especially in the southern region.
Vietnam in talks with U.S. for local production of COVID-19 mRNA vaccine
Vietnam is in talks with the United States on production national mRNA vaccine, its foreign ministry said Thursday, as the country seeks to increase supplies amid its worst coronavirus outbreak to date.
COVID forces Vietnam factories to choose sleepovers or stoppages
Key supply chains for Apple, Ikea and Nike hit by strict anti-virus curbs.
Vietnam says agrees tech transfers on Russian, U.S. COVID-19 vaccines
Vietnam has reached agreements on technology transfers for Russian and U.S. coronavirus vaccines, the government said in a statement, without elaborating.
HCMC detects 1,800 Covid cases inside industrial zones
Industrial zones across HCMC have reported as many as 1,837 Covid-19 cases in the ongoing wave that hit Vietnam late April.
Nike and Adidas supplier suspends production at Vietnam plant due to COVID
Taiwan’s Pou Chen Corp (9904.TW), which makes footwear for companies such as Nike (NKE.N) and Adidas (ADSGn.DE), suspended operations at its plant in Ho Chi Minh City on Wednesday as COVID-19 curbs hit factories in the country’s business hub.
Vietnam’s VinFast revving up in Western markets
But upstart electric carmaker will face a tough road to commercial success in American and European markets.
Vietnam plans comprehensive vaccine industry growth focused on Covid-19
The Vietnamese government is planning a comprehensive development boost to the industry involving Covid-19 vaccine research, technology transfer, and producing vaccines that meet international standards.
Covid forces 171 HCMC travel companies to temporarily close
With the two latest waves of coronavirus hitting revenues, 171 tourist firms in HCMC suspended operations in the first five months of this year.
Vietnam company could make Covid shots in tech transfer deal
Vietnam’s health ministry said a local company is expected to manufacture Covid-19 vaccines after negotiating a technology transfer deal with an unidentified US producer. The vaccine will be mRNA-based, the health ministry said on its website on Saturday. It initially…
The dilemma of Vietnamese smartphone brands
The dependence on outsourced components and fierce competitions in the low-priced segment are the obstacles that hinder Vietnam’s smartphone manufacturers.
Vietnam asks steelmakers to cut exports as domestic prices surge
The Vietnamese government has asked domestic steelmakers to boost production and limit exports in an effort to fight off soaring steel prices.
Vietnam looks to go big on transport infrastructure
Investment in infrastructure is vital if Vietnam is to remain on the path to eventual high-income status.
Vietnam reveals AI strategy as new leaders enter office
Hanoi seeks entrepreneurs and foreign investors to build tech powerhouse
Nearly half of Vietnamese fear job losses due to automation
Forty five percent of Vietnamese are worried about losing their jobs to machines in future, a survey has found.
Vietnam prepares for supply chain shift from China
Multinationals look to build up bases despite infrastructure and labour issues
Vietnam imposes anti-dumping duties on Chinese steel
Vietnam has imposed anti-dumping duties on 20 cold-rolled steel coil and sheet products from China for five years to protect domestic producers.
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.
Is the global supply chain really heading to Vietnam ?
As the US seeks to decouple from China, is Vietnam becoming the world’s next factory floor ? Vietnam, a frontier market in Southeast Asia, is often named as one of the biggest winners in the US-China trade dispute
Vietnam’s textile and garment exports set to decline further
The Vietnam Textile and Garment Group (Vinatex) forecasts Vietnam’s textile and garment exports will continue to decline by 14-18 per cent each month for the rest of 2020 over the same period last year.
Foreign tech giants eye Vietnam shift
Several of the world’s largest technology corporations plan to shift their production chains to Vietnam post-Covid-19, according to the Ministry of Industry and Trade.