german players leading wave of euro investments

German players leading wave of Euro investments

European companies including German ones continue to venture into Vietnam as part of their efforts to diversify supply chain and strengthen manufacturing base in Asia.
phillips mulling an ev factory in bac ninh

Phillips mulling an EV factory in Bac Ninh

South Korea's Phillips is mulling developing an electric vehicle (EV) and EV battery manufacturing in the northern province of Bac Ninh.
non fired brick manufacturers struggling with market penetration

Non-fired brick manufacturers struggling with market penetration

Despite being touted as a green and environmentally friendly construction material, non-fired brick manufacturers are facing significant challenges in product distribution.
sanofi strives to ensure environmental compliance

Sanofi strives to ensure environmental compliance

Sanofi is looking to replace a diesel boiler with a unit that burns rice husks at its factory to meet technical requirements, legal regulations, and contribute to reducing its environmental impact.
a digital vietnamese made approach

A digital Vietnamese-made approach

The digital technology industry has been identified in Resolution No.29-NQ/TW as one of the six foundational industries. Tech businesses, whether developing, manufacturing, or providing technology as a service, play crucial roles in accelerating tech adoption across the economy and society. They particularly contribute to implementing the national programme on enhancing the independence and self-reliance of Vietnamese production.
chinese battery manufacturer sunwoda to pour 300 million into bac giang

Chinese battery manufacturer Sunwoda to pour $300 million into Bac Giang

Chinese battery manufacturer Sunwoda plans to make an additional $300 million investment in the northern province of Bac Giang.
vietnams growth recovery exceeds expectations

Vietnam’s growth recovery exceeds expectations

Vietnam’s GDP growth in the second quarter of 2024 rose to 6.9 per cent on-year, up from 5.7 per cent in the first quarter. The acceleration was driven by both the manufacturing and services sectors, highlighting economic resilience.
chia chang vietnam technology factory construction starts in ha nam

Chia Chang Vietnam Technology factory construction starts in Ha Nam

On July 13, Hai Long Construction JSC and Chia Chang Vietnam Technology Co., Ltd. held a ceremony to kick-off construction of the first-phase of the Chia Chang Vietnam Technology Factory at Thai Ha Industrial Park in Ha Nam province, some 50km south of Hanoi.
conglomerates aid foreign manufacturing investment

Conglomerates aid foreign manufacturing investment

The manufacturing and processing sector is attracting major investment from abroad, thanks to the expansion of key conglomerates, especially from South Korea.
global initiatives for circular economy transition

Global initiatives for circular economy transition

Chairman and CEO Jareeporn Jarukornsakul of WHA Corporation Public Co., Ltd. outlines five global initiatives, focusing on recycling resources in the production and consumption process through remanufacturing or reuse.
tax increases must be effective to support beverage groups

Tax increases must be effective to support beverage groups

The beverage manufacturing and trading sector has been making an important contribution to Vietnam’s socioeconomic development and meeting domestic and export consumption needs, ensuring market stability.
dat bike fpt is launch public cloud for ev manufacturing industry

Dat Bike, FPT IS launch public cloud for EV manufacturing industry

Dat Bike Vietnam, a prominent electric motorcycle company, and FPT IS launched an enterprise management project using the SAP S/4HANA public cloud solution on July 2.
hanoi hosts first aerospace defence manufacturing innovation day

Hanoi hosts first Aerospace & Defence Manufacturing Innovation Day

The Vietnam National Innovation Centre (NIC) and Kami Technology Manufacturing Corporation (KMTC) opened the nation’s first Aerospace & Defence Manufacturing Innovation Day on July 2.
new manufacturing orders surge to near record high

New manufacturing orders surge to near-record high

The rate of expansion in the Vietnamese manufacturing sector accelerated sharply at the end of the second quarter, with new orders rising at one of the fastest rates on record, according to a survey released by S&P Global on July 1.
investors from taiwan keen on diversification

Investors from Taiwan keen on diversification

Taiwanese investors, especially those operating in electronics and high-tech manufacturing, are increasingly paying attention to Vietnam, to relocate or diversify their supply chains.