industrial production shores up post pandemic prospects

Industrial production shores up post-pandemic prospects

Despite enormous difficulties remaining due to the COVID-19 crisis causing disruptions in supply chains, domestic industrial production has continued bouncing back, promising a brighter picture for economic growth.
global tie ups speed up vaccine use

Global tie-ups speed up vaccine use

Vietnam’s target of increasing COVID-19 vaccine coverage could be reached soon as more private groups are joining the government’s efforts, with an ambition to venture further into the global vaccine supply chain.
the moves to take in order to help firms ride economic wave

The moves to take in order to help firms ride economic wave

The prolonged pandemic is negatively impacting businesses because of reduced demand for goods and services due to shutdowns and resulting declines in employment and incomes; falling output due to labour constraints and supply chain disruptions; and tightening of credit and declining investment due to increased uncertainty about the duration and impact of the pandemic.
foster electric to open factory in vietnam to diversify supply chain

Foster Electric to open factory in Vietnam to diversify supply chain

Japan's Foster Electric, which produces and sells loudspeakers, audio equipment, and electronic equipment, will open a speaker material plant in Vietnam to diversify its supply chain.
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.
manufacturers race to protect operations

Manufacturers race to protect operations

With the spread of coronavirus cases in Ho Chi Minh City, local and foreign producers alike are now seeing their manufacturing prospects darken with supply chain issues and sharp cost increases.
targets being tweaked by prepared pharma

Targets being tweaked by prepared pharma

There remains caution over interruption in the ingredient supply chain in Vietnam’s lucrative pharmaceutical industry, but new strategies to intensify growth potential ahead will ensure pharma groups maintain their profitability moving forward.
virus hit provinces seek continuation of production

Virus-hit provinces seek continuation of production

The people of the two northern provinces of Bac Giang and Bac Ninh are demonstrating their mettle in the fight against recent coronavirus outbreaks, retaining production to protect supply chains as much as possible.
apple increases number of suppliers in vietnam

Apple increases number of suppliers in Vietnam

The number of Apple suppliers in Vietnam has increased significantly since 2018, strengthening the country's role in its global supply chain.
a deeper supply crunch due to new wave of covid 19

A deeper supply crunch due to new wave of COVID-19?

The new wave of COVID-19 pandemic has taken a serious toll and posed major challenges on the whole economy, particularly the supply chain sector. Frederic Neumann, co-head of Asian Economics Research at HSBC, discussed about its impacts on supply chain in a global context and in Vietnam as well.     
more vietnamese goods sourced by us groups

More Vietnamese goods sourced by US groups

More American buyers are seeking out made-in-Vietnam goods in a bid to diversify their supply chains, making Vietnam an emerging alternative source destination in the region that could further profit from the bilateral trade relationship.
quang nam taking solid pandemic action

Quang Nam taking solid pandemic action

Businesses in the central localities of Danang and Quang Nam have commenced with pandemic prevention initiatives in order to avoid further disruption to production and supply chains.
industrial production lends stability amid disruption

Industrial production lends stability amid disruption

Despite massive difficulties due to the health crisis causing disarray in supply chains, local industrial production is bouncing back thanks in part to a rise in trade, promising a brighter picture for economic growth.
preparations for supply chain setbacks as virus strikes india

Preparations for supply chain setbacks as virus strikes India

The serious pandemic developments in India are rocking global trade and investment worldwide. Vaibhav Saxena, vice chairman of the Indian Business Chamber in Vietnam, discussed with VIR’s Bich Thuy the possible influences on industries in ties with Vietnam.
sunny fdi outlook amid supply strains

Sunny FDI outlook amid supply strains

While concerns over interruption of global supply chains linger due to serious outbreaks of COVID-19 in India, Thailand, and elsewhere, Vietnam is attempting to remain on the front foot with continued business confidence and inflow of foreign investment.