only way is up for vietnams high tech manufacturing

Only way is up for Vietnam’s high-tech manufacturing

Vietnam wants to pull in more high-tech capital. Ko Tae Yeon, general director of Heesung Electronics Vietnam, told VIR’s Nguyen Kim about the attractiveness of this country for the company and its plans to help Vietnam promote high-tech manufacturing.
smes face barriers to joining global supply chain

SMEs face barriers to joining global supply chain

Small- and medium-sized enterprises (SMEs) in the mechanical sectors face difficulties in joining the supply chain of large-scale manufacturers due to a lack of capital and incentive policies, according to Luu Van Dai, director of Metal Heat Vietnam JSC, speaking at the 2024 Vietnam Global Manufacturing Forum in Hanoi on March 26.
pepsico commits 400 million to build new factories in ha nam and long an

PepsiCo commits $400 million to build new factories in Ha Nam and Long An

American food and beverage company PepsiCo Inc will inject an additional $400 million into the construction of two new plants in Vietnam.
vietnam global manufacturing forum to connect 300 businesses

Vietnam Global Manufacturing Forum to connect 300 businesses

More than 300 domestic and foreign manufacturers will attend the Vietnam Global Manufacturing Forum 2024 (VGMF2024) to explore investment and business cooperation opportunities.
dutch high tech company vdl to develop semiconductor factory in vietnam

Dutch high-tech company VDL to develop semiconductor factory in Vietnam

VDL ETG, the high-tech arm of VDL Groep, ratified a cooperation agreement with Frasers Property on March 19 for the construction of a new facility to make semiconductor manufacturing components in Vietnam.
akzonobels investment for sustainable growth in south asia pacific

AkzoNobel’s investment for sustainable growth in South Asia-Pacific

Earlier this month, AkzoNobel inaugurated new production facilities at its Bac Ninh site to bolster its leading position and enhance sustainable manufacturing in the region. Jeff Jirak, managing director of AkzoNobel's Powder Coatings business, and Şirvan Canıtez, regional commercial director of Powder Coatings in South Asia-Pacific, talked to VIR's Linh Le about the company's strategic plans and sustainable works.
high tech mindset favoured for advances in processing

High-tech mindset favoured for advances in processing

Processing and manufacturing continues to lead the way in foreign investment mobilisation - however, moving towards a high-tech industry is essential for long-term and sustainable development.
manufacturing trends to watch to help respond dynamically to the market

Manufacturing trends to watch to help respond dynamically to the market

So far this year, it has been important to examine the rising trends influencing the manufacturing industry. For example, manufacturing, which is a vital part of the global economy, is constantly evolving and being shaped by technological advancements, economic factors, and a growing focus on sustainability.
garments and textile heads demand assistance

Garments and textile heads demand assistance

At a conference on March 14 to resolve difficulties in manufacturing and to promote growth and macroeconomic stability, Le Tien Truong, chairman of Vietnam National Textile and Garment Group (Vinatex), provided a stark overview of the garments and textiles industry with the prime minister and numerous business leaders from various sectors in attendance.
chinas goodwe opens inverter factory in haiphong

China's GoodWe opens inverter factory in Haiphong

GoodWe, a Chinese photovoltaic (PV) inverter manufacturer, has announced the official commencement of operations at its first overseas manufacturing plant in the northern port city of Haiphong.
quang nam set for car industry upgrade

Quang Nam set for car industry upgrade

Quang Nam province will raise the quality of its automobile industry and mechanical manufacturing to become an important field for the development of the province, according to its official planning.
hanoi ranks first for foreign investment registered in 2024 so far

Hanoi ranks first for foreign investment registered in 2024 so far

Hanoi attracted a total of $914.4 million in foreign investment during the first two months of 2024, including 27 newly-licensed projects with $869.8 million, 17 projects receiving additional investment of $9.1 million, and 21 instances of foreign investors contributing capital or purchasing shares, totalling $35.45 million.
whats behind vinfasts investment ambitions in india

What’s behind VinFast’s investment ambitions in India?

VinFast’s decision to open a manufacturing plant in India as a strategic manoeuvre that not only leverages the potential of a burgeoning electric vehicle market but also positions the company favourably against future competitors.
taiwans pegavision corporation breaks ground on a 200 million medical equipment factory

Taiwan's Pegavision Corporation breaks ground on a $200 million medical equipment factory

Taiwan-headquartered Pegavision Corporation broke ground on a factory for manufacturing and assembling optical products and medical equipment in Thai Binh province on March 5.
manufacturing confidence jumps to one year high

Manufacturing confidence jumps to one-year-high

Sustained growth in new manufacturing orders has prompted a renewed increase in employment, while business confidence has jumped to a one-year-high.