boeing urged to explore more investment opportunities in vietnam

Boeing urged to explore more investment opportunities in Vietnam

Vietnam's Party General Secretary and President To Lam has urged Boeing to explore investment opportunities in Vietnam, specifically in establishing aircraft component manufacturing facilities and a regional-scale maintenance centre connected to the country’s major airports.
banks set to stimulate credit growth in last quarter

Banks set to stimulate credit growth in last quarter

Banks are developing favourable credit schemes for the manufacturing and business sectors, while relaxing lending standards across all customer groups and the majority of loan sectors in the last quarter of the year.
manufacturing growth remains elevated in august

Manufacturing growth remains elevated in August

Vietnamese manufacturers registered further expansions in production output and new orders midway through the third quarter.
dat bike secures 4 million convertible loan

Dat Bike secures $4 million convertible loan

InfraCo Asia announced on August 26 that it has provided a $4 million convertible loan to Vietnamese electric two-wheeler manufacturing company Dat Bike.
kim long motors breaks ground on 260 million factory

Kim Long Motors breaks ground on $260 million factory

Vietnam's Kim Long Motors Hue JSC and China's Yuchai JSC started construction of a motor engine manufacturing and assembly plant in the central province of Thua Thien-Hue on August 23, with an investment of around $260 million.
strong recovery evident as manufacturing exports surge

Strong recovery evident as manufacturing exports surge

As Vietnam attempts to host more investments in manufacturing and processing, exports have witnessed a rise, fuelled by global demand and domestic production recovery.
omo and t bill rate cuts to stimulate manufacturing

OMO and T-bill rate cuts to stimulate manufacturing

The State Bank of Vietnam has simultaneously reduced two key interest rates in the context of decreasing exchange rate pressures in Vietnam, as well as the need to support ongoing business activities.
malaysia data centre revenue to surge next year

Malaysia: Data centre revenue to surge next year

Malaysia is expected to rake in 3.6 billion MYR (over 812 million USD) in revenue from the data centre industry next year, up from the 2.09 billion MYR in 2022 as the rapid growth of data centres, particularly in the Klang Valley and Johor state, is creating new jobs and boosting the development of its manufacturing sector.
chinas ev inroads ring alarm bells

China’s EV inroads ring alarm bells

A wave of car manufacturing factory closures in Thailand is spreading due to China’s aggressive electric vehicle entry and price cuts, posing questions for other countries in Southeast Asia.
us solar group files complaint against rising solar imports from vietnam and thailand

US solar group files complaint against rising solar imports from Vietnam and Thailand

The American Alliance for Solar Manufacturing Trade Committee (AASMTC) has filed a complaint with the US Department of Commerce regarding surges of solar imports from Vietnam and Thailand that are injuring the US solar industry.
chinas tailg commences production of electric two wheelers in vietnam

China's TAILG commences production of electric two-wheelers in Vietnam

TAILG, a Chinese electric two-wheeler company, commenced production at its 10th global smart manufacturing base in the northern province of Hung Yen on August 12.
cfl flooring plans to hit the ground running with new factory in northern vietnam

CFL Flooring plans to hit the ground running with new factory in northern Vietnam

CFL Flooring announced on August 12 that construction of its new manufacturing facility in northern Vietnam is well underway, with the first shipments due to leave in the fourth quarter of this year.
johnson health tech to build 100 million fitness equipment factory in bac ninh

Johnson Health Tech to build $100 million fitness equipment factory in Bac Ninh

Taiwanese gym equipment maker Johnson Health Tech is set to invest $100 million in a fitness equipment manufacturing and assembly factory in in the northern province of Bac Ninh.
businesses must act on green transformation

Businesses must act on green transformation

Green transformation is urgent for manufacturing businesses to improve competitiveness, attract green investment, and ensure sustainable impacts, according to experts.
foreign investors predicted to focus more on asean

Foreign investors predicted to focus more on ASEAN

Foreign direct investment (FDI) in ASEAN, including Thailand, will increase thanks to the global trend of relocating manufacturing bases amid heightened US-China trade tensions, according CIMB Thai (CIMBT).