vinfast and gotion high tech to co operate on lfp battery sourcing and production

VinFast and Gotion High-tech to co-operate on LFP battery sourcing and production

Automotive manufacturer VinFast and Gotion High-tech Co., Ltd. (China), a leading clean energy group, signed an MoU on the procurement of Gotion lithium iron phosphate (LFP) batteries. The two parties will also discuss the possibility to establishing an LFP battery factory in Vietnam.
vietnam emerges as top alternative for global supply chain shift

Vietnam emerges as top alternative for global supply chain shift

The number of US-based companies seeing Vietnam as a top sourcing market has doubled over the past four years as a result of the global investment relocation trend from China.
nestle vietnam bringing maggi products to the world

Nestlé Vietnam bringing Maggi products to the world

Carving out for itself a reputation for being a force for good in the corporate community and being very local in its operations through sourcing, talent pipeline, and corporate sustainability activities, Nestlé Vietnam is also becoming the Nestlé Culinary Hub for the entire region, lending its expertise to neighbouring markets in producing Maggi liquid products with a local flare such as soya sauce and oyster sauce.
vietnamese labour market on right track for recovery

Vietnamese labour market on right track for recovery

Although the pandemic remains complicated globally, Vietnam’s labour market has shown signs of recovery as businesses take on new recruitment to prepare for business in 2021. And according to some estimates, the recruitment demand in outsourcing, manufacturing, shipping, and electronics will increase soon too.
vng cloud eyes new fintech solution partners at switch 2020

VNG Cloud eyes new fintech solution partners at SWITCH 2020

VNG Cloud will be sourcing for innovation partners at Enterprise Singapore’s (ESG) inaugural Southeast Asian Open Innovation Challenge at the Singapore Week of Innovation and Technology 2020 (SWITCH 2020) on December 7-11, 2020.
rs components deepens presence in apac

RS Components deepens presence in APAC

RS Components, a global omni-channel solutions partner for industrial customers and suppliers, has strengthened its presence in the Asia-Pacific through the launch of bespoke e-commerce platforms for Indonesia and Vietnam, with local sales support backed by dedicated sourcing, customer service, and technical teams.
local wood industry overshadowed by sourcing issues

Local wood industry overshadowed by sourcing issues

Vietnam’s wood industry has shown signs of recovery in the third quarter of 2020. However, legal complications may arise through illegally-sourced raw materials from foreign suppliers and a lack of uniformity.
alternative strategies for sourcing

Alternative strategies for sourcing

Vietnam can continue to profit from an increased significance of “local-for-local” and dual/multiple sourcing strategies as foreign investors use the country as a supply hub for the Asia-Pacific region. Björn Koslowski, deputy chief representative of the Delegation of German Industry and Commerce in Vietnam (AHK Vietnam), describes the options for businesses and the effects COVID-19 will have on these developments.
nudging investors towards new pastures

Nudging investors towards new pastures

There is now plenty of movement by German enterprises re-orienting from China, complementing their existing Chinese operations with new activities in Vietnam regarding sourcing and investments. Björn Koslowski, deputy chief representative of the Delegation of German Industry and Commerce in Vietnam, assesses the China+1 strategies and how they are being applied to Vietnam by German companies.
outsourcing farming model contributes to change livestock appearance

Outsourcing farming model contributes to change livestock appearance

Developing large-scale outsourcing farms is ideal to promote the sustainable development of the livestock sector because it ensures safe and stable supply in the context of the African swine fever while creating stable benefits for both farmers and livestock companies.
fresh policies take effect since may 2019

Fresh policies take effect since May 2019

A series of policies on false denunciations, new emission standards for second-hand vehicle imports, Labor Code on licensing outsourcing services shall take effect from May 2019.
fies open doors to global supply chain

FIEs open doors to global supply chain

International corporations are getting more engaged in promoting local sourcing in Vietnam by investing in and sharing expertise with domestic suppliers, thus bringing hopes for the country to further access the global supply chain.
kms technology expands reach to asia with vietnam in focus

KMS Technology expands reach to Asia with Vietnam in focus

KMS Technology, one of the leading companies of software outsourcing and product development in the US, will expand its business to Asia with Vietnam as its focus.
sourcing the capital to meet vietnamese climate pledges

Sourcing the capital to meet Vietnamese climate pledges

Vietnam is one of the most-affected nations on earth in terms of climate change, but often lacks the financial resources to undertake green projects. Koos Neefjes, climate change expert and director of Climate Sense Co., Ltd, writes about both the challenges and opportunities for private investment in responding to the harsh realities of climate change.
outsourcing an important strategy to ease labour shortages

Outsourcing - an important strategy to ease labour shortages

Outsourcing is now a growing trend in the world to help businesses ease their talent shortages. Kim Le, outsourcing and staffing manager for North Vietnam of ManpowerGroup, discussed with VIR's Bich Thuy the advantages of the outsourcing service and the future trend in Vietnam and the world in the digital age.