Five Asian countries – Vietnam, Malaysia, India, Thailand, and Indonesia – are predicted to be among the 15 most competitive manufacturing countries in the world by 2020, according to the 2016 Global Manufacturing Competitiveness Index report.

As local salaries rise and global trends shift, Vietnam is drafting a new foreign direct investment attraction strategy for the upcoming years, with a focus on some prioritised sectors to bring added value to the economy.

With the US withdrawal from the Trans-Pacific Partnership, the remaining 11 nations have decided to develop the pact into another version named the Comprehensive and Progressive Agreement for Trans-Pacific Partnership. 

URC Vietnam, a subsidiary of the Philipines’ food-and-beverage Universal Robina Corporation, has made an impressive appearance at Vietnam International Food Industry Exhibition 2017 in Ho Chi Minh City, promoting its products to international customers and strengthening its local footprint.

As the world is speeding ahead with the Internet of Things and Industry 4.0 applications, a radical transformation is taking place in factories.

Toyota Motor Vietnam (TMV) stepped up its operations to adapt to the rising car imports in Vietnam on the back of the tariff reductions towards the ASEAN next year.

Chung Ang University Hospital in Seoul, led by general director Dr Kim Song Deok has donated US$18,000-worth of medical equipment to the central province of Quang Ngai's healthcare sector.

More than 130 Korean companies donated over US$200,000 to Kocham Charity Night 2017 to promote corporate social responsibility in Vietnam.

International Finance Corporation and its partners will offer US$185 million of assistance to Vietnam International Bank.

Japan-based fashion apparel retailer Stripe International Inc. remains hungry after acquiring NEM Fashion and is now planning to seize other apparel brands in Vietnam to expand faster.