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Japanese companies aim for new supply focus in Vietnam
21-04-2020 10:00
Japan will earmark an economic stimulus package of $2.2 billion to help its manufacturing groups shift production out of China due to the coronavirus pandemic. Hirai Shinji, chief representative of the Japan Trade Promotion Organization (JETRO) in Ho Chi Minh City, shared with VIR’s Thanh Van how Vietnam can become an alternative investment destination for Japanese investors.
Vietnam remains attractive destination to investors
20-04-2020 14:10
With COVID-19 and trade tensions driving the shift of production lines from China to Southeast Asia, Vietnam, in particular, seems to have emerged as an attractive destination for investors and manufacturers alike, experts have predicted.
HZO sets foot in Vietnam for its "China Plus One" policy
17-04-2020 13:15
Vietnam is considered the ideal destination in the “China Plus One” policy of HZO, a global leader in delivering world-class protective nanocoatings that safeguard electronics from the most demanding corrosive and liquid environments.
Evolving demand and supply chain norms
16-04-2020 14:00
In early February, in the minds of most of us, COVID-19 was still a China-specific problem. Yet, the strict lockdown imposed early in China generated rapidly unprecedented chaos in global supply chains. We realised how weak these global networks were, and how much every economy is dependent on China’s manufacturing sector.
Supply chain is heading to Vietnam
16-04-2020 10:21
A number of multinationals have already taken steps to expand supply chains in Vietnam since last year in order to avoid new tariffs on goods exported from China to the United States, and more are set to follow suit in the hunt for alternative markets for production as prices rise, according to the latest report released by JLL.
A catalyst for digital change
16-04-2020 10:00
There is no time when speed matters more than when a pandemic strikes, and what is unfolding with the COVID-19 pandemic worldwide speaks volumes to this. First detected in China last December, the coronavirus has travelled to almost every country and territory around the world, infecting well over a million people and claiming tens of thousands of lives.
ASEAN 2020: ASEAN promotes coopeation in COVID-19 response
14-04-2020 09:45
The online ASEAN Special Summit and ASEAN+3 Special Summit on COVID-19 response are taking place today in Hanoi.
Ministry launches investigation into anti-dumping duties on polyester yarn
12-04-2020 11:53
The Ministry of Industry and Trade has issued a decision on investigating anti-dumping duties on polyester filament yarn (PFY) with HS codes: 5402.33.00, 5402.46.00 and 5402.47.00 originating from China, India, Indonesia and Malaysia.
Companies in Vietnam predict significant loss due to COVID-19
10-04-2020 14:55
Companies in Vietnam forecast significant losses due to the rapidly escalating COVID-19 crisis, according to a survey by Indochina Research and the French Chamber of Commerce and Industry in Vietnam.
Vietnam proactively promotes ASEAN joint efforts against COVID-19
10-04-2020 08:39
Vietnam, as ASEAN 2020 Chair, has been proactively promoted joint efforts of the 10-member group in the fight against COVID-19 with the spirit of "cohesive and responsive", said Deputy Foreign Minister Nguyen Quoc Dung at a press conference in Hanoi on April 9.
Tra fish exports to US, China rise in March
08-04-2020 12:14
Vietnam’s tra fish exports to some major markets like the US and China are gradually increasing though the fisheries industry is still struggling to cope with the fallout of the COVID-19 pandemic.
Vietnam stands to win as “China+1” gains traction
08-04-2020 09:00
Changes in the global supply chain are taking place due to the virus outbreak, prompting a mounting number of foreign manufacturers to speed up their relocation from China to neighbouring countries including Vietnam.
World watches as China moves ahead on economic chessboard
01-04-2020 17:00
China is beginning to offer a glimpse into the near future for some countries, as the economic superpower tries to pick itself back up slowly following major lockdowns in the wake of the coronavirus crisis.
China's COVID-19 epicentre Wuhan eases travel restrictions after lockdown
28-03-2020 14:03
The Chinese city of 11 million people that was Ground Zero for what became the global coronavirus pandemic partly reopened on Saturday (Mar 28), after more than two months of almost total isolation.
No end to woes of local textile and garment industry
28-03-2020 08:48
While the supply of raw materials from China is recovering after a month of suspension, textile and garment businesses find that they have moved out of the frying pan into the fire as the COVID-19 pandemic rolling over the globe has forced the cancellation of all orders from the European Union and the United States.
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