Vietnam’s manufacturing sector closed 2025 on a firm footing, with the Vietnam Manufacturing Purchasing Managers' Index (PMI) easing slightly to 53.0 in December from 53.8 in November but remaining comfortably above the 50.0 no-change mark, signalling a solid monthly improvement in overall sector health.
VOV.VN - Vietnamese exports are increasingly facing technical barriers as the European Union has recently adopted stricter standards, requiring businesses to equip themselves with thorough knowledge of new regulations and proactively enhance their production capacity.
VOV.VN - LG Innotek has announced that it will invest KRW375.9 billion, equal to VND6.8 trillion, to expand its production subsidiary in the northern province of Hai Phong.
VOV.VN - Vietnamese domestic motorcycle production is estimated at around 3 million units per year, while Thailand has set a target of reaching motorcycle production capacity of 2.1 million units in 2023.
VOV.VN - Prime Minister Pham Minh Chinh urged all sectors and localities to drastically and synchronously implement tasks and solutions aimed at fulfilling all targets set for this year, while chairing a regular monthly cabinet meeting on December 1 in Hanoi.
Samsung Electronics Co. will begin expanding the production capacity of foldable devices at its plant in Vietnam’s northern province of Bac Ninh within the second half of this year, as reported by The Korean Economics Daily.
Despite COVID-19 cutting into demand for textiles and garments, enterprises have poured investment into materials to improve production capacity, completing the supply chain and taking advantage of new generation free trade agreements (FTAs) that have come into effect.
VOV.VN - The International Finance Corporation (IFC), a member of the World Bank Group, is offering support to personal protective equipment (PPE) manufacturers based in developing nations, including Vietnam to supply reliable and quality PPE products.
Vietnam can satisfy COVID-19 vaccine production requirements once it obtains vaccine patents, an officer has affirmed.
More than 90% of domestic enterprises are small and medium-sized. The advantage of this business model is that it quickly responds to market fluctuations.