Latest Posts
Sharp plans Vietnam factory to sidestep trade war
The Vietnamese factory will assemble automotive liquid crystal displays to be sold in the U.S. Some personal computer production of subsidiary Dynabook may shift to the new facility as well.
Kyocera shifts China production to Vietnam to avoid Trump tariffs
"We will switch production between Chinese facilities and Vietnamese facilities," Kyocera President Hideo Tanimoto told reporters. All-in-one printers made in China are mainly shipped to the U.S., while those built in Vietnam are usually destined for Europe.
New airport’s feasibility study soon
Feasibility reports for the Long Thanh Airport’s first phase must be submitted to the parliament next year, the Ministry of Transport has been told.
Power sector “struggling” for power supply in last 6 months of 2018
The current enormous surge in electric power demand, with the rate of over 10%, will cause many difficulties against the power supply as from 2019-2020 onwards.
PM Phúc meets with leaders of Japanese parliament
Prime Minister Nguyễn Xuân Phúc met with Speakers of the House of Representatives and the House of Councillors of the Japanese National Diet in Tokyo on Wednesday as part of his visit to the Northeast Asian nation.
Vietnam becomes the seventh signatory to ratify CPTPP
Tuoi Tre News - Vietnam’s lawmaking National Assembly on Monday (Nov. 12th, 2018)passed a resolution ratifying the country’s joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
Thang Long Industrial Park III’s first phase inaugurated
Vinh Phuc (VNA) – Japan’s Sumitomo Corporation, in collaboration with the Thang Long Industrial Park (Vinh Phuc) Corporation, inaugurated the first phase of its third Thang Long Industrial Park (TLIP III) in Thien Ke commune, Binh Xuyen district, the northern province of Vinh Phuc on November 8.
Viettel ready to pilot 5G services next year
VNS - Viettel Group has announced it is ready to trial 5G services next year and will launch them immediately after the Ministry of Information and Communications allots it the frequency. Tào Đức Thắng, deputy general director of the military-owned company, tells Việt Nam News about the preparations.
Apple assembler Foxconn considering iPhone factory in Vietnam
HANOI (Reuters) - Foxconn, the world’s biggest electronics contract manufacturer and a key Apple Inc supplier, is considering setting up a factory in Vietnam to mitigate any impact of an ongoing trade war between the United States and China, Vietnamese state media reported.
Why Vietnam Could Be Asia's Biggest Trade War Winner
In the race to lure companies looking for alternative sites amid the U.S.-China trade war, Vietnam wields a slew of advantages over its rivals.
Vietnam’s growth rate at nearly 6.8 percent this year: WB
Hanoi (VNA) – The World Bank (WB) expects Vietnam’s economic growth this year at nearly 6.8 percent, compared to the 6.3 percent projected for East Asia and the Pacific, in a report released on December 11.
Improved business climate helps economy
The Vietnamese economy grew 7.08 per cent in 2018, the highest growth rate for the past 11 years, fuelled by an improved business climate, positive economic structure transformation and impressive exports, the latest updates from the General Statistics Office (GSO) revealed.
VN lures $1.9 billion in FDI in January
Viet Nam News HÀ NỘI — Foreign direct investment (FDI) pledged in Việt Nam witnessed a significant yearly increase of 52 per cent to US$1.9 billion in the first month of this year, according to the Ministry of Planning and Investment.
Power price to rise 8% this month
Power prices will increase by an average of 8.36 per cent at the end of this month, said deputy minister of Industry and Trade (MoIT) Hoàng Quốc Vượng on Tuesday.
Japan stays in lead in FDI in Vietnam
Foreign direct investment (FDI) projects in Vietnam have upbeat prospects in 2019, with Japanese investors continuing to lead the countries and territories having investment projects in Vietnam.
Japanese firms pick Vietnam as Asia's top investment spot, with India a distant second
Of 630 respondents across East Asia, Southeast Asia, India and Australia, 35.7 percent chose Vietnam as the most promising economy for investment — far above the 17.8 percent who selected second-ranked India.
JETRO: 70% of Japanese firms to expand investment in Vietnam
NDO/VNA – Up to 70% of Japanese businesses have announced that they want to expand operations in Vietnam, especially in manufacturing, trade and service, and retail sector, according to the Japanese External Trade Organisation (JETRO).
