Siemens CEO urges German firms to invest in Vietnam

Siemens CEO urges German firms to invest in Vietnam

CEO of German tech giant Siemens AG and Chairman of the Asia-Pacific Committee for German Business (APA) Joe Kaeser has called upon German firms to invest in Vietnam as part of efforts to diversify supply chains.
Local conditions entice relocation of factories

Local conditions entice relocation of factories

The relocation of multinational companies’ factories is expected to be a hundred-billion-dollar opportunity that will allow Vietnam to delve deeper into global supply chains.
ASEAN logistics attracting international attention

ASEAN logistics attracting international attention

In the wake of investment shifts and diversification of global supply chains, international investors are increasingly interested in mergers and acquisitions in the ASEAN logistics market.
EVFTA paves way for high-quality FDI flows from Europe to Vietnam

EVFTA paves way for high-quality FDI flows from Europe to Vietnam

The European Union (EU)-Vietnam Free Trade Agreement (EVFTA) is expected to trigger high-quality FDI flows from Europe to the Southeast Asian country, Vietnamese Trade Counsellor in Italy Nguyen Duc Thanh has told the Vietnam News Agency (VNA).
Evolving demand and supply chain norms

Evolving demand and supply chain norms

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.
Logistics groups roll out schemes to avert doldrums

Logistics groups roll out schemes to avert doldrums

As the COVID-19 pandemic wreaks havoc on supply chains globally, logistics firms in Vietnam have experienced decline in revenue but are mustering the strength to overcome the challenges ahead.
Vietnamese SMEs need more backing to enter supply chains: workshop

Vietnamese SMEs need more backing to enter supply chains: workshop

Vietnamese small and medium-sized businesses need more help to enter major global supply chains, experts told a workshop on Wednesday.
Global supply chains remain out of reach of Vietnamese firms

Global supply chains remain out of reach of Vietnamese firms

Many Vietnamese companies in supporting industries that can produce high-quality parts are nevertheless struggling to enter large international supply chains or are only able to supply low-value items to them.
The non-linear future of new global value chains

The non-linear future of new global value chains

As Vietnam attempts to transform its economy into something fit for the digital world, one of the most important things is to develop its supply chains in line with international practices. Nguyen Minh Cuong, principal country economist from the Asian Development Bank in Vietnam, writes about supply chains in the digital era, with focus placed on the trends and obstacles for Vietnam.
City authorities want local firms in global supply chains

City authorities want local firms in global supply chains

Only 15 per cent of around 8,000 manufacturing companies in HCM City are capable of joining global supply chains but authorities are trying to increase the number.
More Vietnam businesses join global supply chains

More Vietnam businesses join global supply chains

At least 29 Vietnamese businesses have joined global supply chains, according to the HCM City Centre of Supporting Industry Development.
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