vietnam striving for global value chain lift

Vietnam striving for global value chain lift

Vietnam is transforming into a manufacturing-oriented economy via its increasing participation in the global value chain, especially in manufacturing. Nevertheless, amid the post-pandemic reconfiguration, related policies need to be carefully aligned to the country’s development strategy.
boe technology group plans to invest 400 million in vietnam

BOE Technology Group plans to invest $400 million in Vietnam

The Chinese display manufacturer BOE Technology Group Co., Ltd. – a supplier for both Apple and Samsung – has plans to build two factories with a total investment capital of $400 million in Vietnam, according to information published by Reuters.
pcb producers ramp up investment

PCB producers ramp up investment

Printed circuit board manufacturers are increasingly investing in Vietnam for the expansion of global suppliers such as Foxconn, Qisda, and Luxshare.
vietnam pushes ahead in investment stakes

Vietnam pushes ahead in investment stakes

Foreign direct investment from Asia remains positive in Vietnam, with billions of US dollars pouring into the country over the past year.
vietnams apple shipments more than doubled in q22022

Vietnam’s Apple shipments more than doubled in Q2/2022

Apple saw its shipments more than double during the second quarter of 2022 as it expanded its reach by increasing its official distributors.
foxconn plans to pour additional 300 million into a new factory in vietnam

Foxconn plans to pour additional $300 million into a new factory in Vietnam

Taiwan-based Hon Hai Precision Industry, better known as Foxconn, plans to lease 50.5 hectares of land in Quang Chau Industrial Park in the northern province of Bac Giang to develop a new project with an investment of $300 million.
global manufacturers gradually focus on vietnam

Global manufacturers gradually focus on Vietnam

Many manufacturers in the global supply chain of major firms are gradually focusing on Vietnam.
apple suppliers eye further expansion in vietnam

Apple suppliers eye further expansion in Vietnam

More Apple suppliers are keen on expanding their manufacturing operation in Vietnam as part of their relocation plan to mitigate supply chain headwinds.
foreign groups circumvent lack of experts with training revamps

Foreign groups circumvent lack of experts with training revamps

Foreign businesses in Vietnam are placing new priorities on recruiting more local tech workers and setting up skills training for them in order to address the shortage of experts coming in from other countries.
tech giants praying to avoid financial hit

Tech giants praying to avoid financial hit

Vietnam’s electronics industry has been affected by the pandemic, a trend that could increase global chip shortages and lower electronics output.
foxconn forced to re employ at outside locations

Foxconn forced to re-employ at outside locations

Major manufacturers of some of the world’s most sought-after products are scrambling to spread production efforts elsewhere due to prolonged pandemic impacts in India and Vietnam in particular.
apple shores up vietnam supply chain

Apple shores up Vietnam supply chain

Apple suppliers in Vietnam, already on the increase since the US-China trade war kicked off, are continuing to bulk up operations here with added funding and heightened relocation efforts.
enterprises in bac giang bac ninh and haiphong thirst for workers

Enterprises in Bac Giang, Bac Ninh, and Haiphong thirst for workers

Numerous enterprises such as Fuyu Precision Component Co., Ltd. and Silex Vietnam Co., Ltd. in Bac Giang and Bac Ninh provinces and Haiphong are lacking employees due to the impact of the COVID-19 pandemic.
bac giang province implements dual task to prevent manufacturing chain disruptions

Bac Giang province implements dual task to prevent manufacturing chain disruptions

Bac Giang province is pursuing the dual task of accelerating vaccination and supporting enterprises to resume operation.
businesses cautious in bac giang province

 Businesses cautious in Bac Giang province

Suspension of operations at four industrial zones in the northern province of Bac Giang is causing export chain breakdowns and impacts on general operations of the  business community in the province.