Tags: nikkei

Nikkei outlines imminent Samsung production shift to Vietnam

Nikkei outlines imminent Samsung production shift to Vietnam

VOV.VN - Samsung Electronics has initiated plans to end production of its personal computers in China as the firm looks to shift production to Vietnam in an effort to cut costs and remain competitive within the PC market, according to Nikkei Asian Review.

Electronics industry put at disadvantage due to falling demand

Electronics industry put at disadvantage due to falling demand

VOV.VN -The Vietnamese electronics industry is anticipated to continue being hit by the challenges brought about by the increasingly complicated hurdles caused by the COVID-19 epidemic during the second half of the year, with demand for products within markets in Europe and the United States set to be reduced.

Manufacturing output returns to growth in June

Manufacturing output returns to growth in June

The Vietnamese manufacturing sector returned to growth in June as success in suppressing the coronavirus pandemic and greater business confidence helped lead to renewed expansions in output and new orders.

Officials implicated in Tenma Vietnam bribery case suspended

Officials implicated in Tenma Vietnam bribery case suspended

Minister of Finance Dinh Tien Dung has ordered the suspension of tax and customs officials implicated in the alleged bribery by Tenma Vietnam, a subsidiary of Japan’s plastic product maker Tenma Corporation, according to an official letter issued on May 26.

Vietnam set to welcome dual investment flows following COVID-19

Vietnam set to welcome dual investment flows following COVID-19

VOV.VN - Despite foreign direct investment (FDI) shown signs of a slowdown as a result of the negative impact of the novel coronavirus (COVID-19), experts believe that the nation will be able to welcome an array of fresh dual investment after the pandemic.

Vietnam mobilises local firms to make ventilators ahead of future viruses

Vietnam mobilises local firms to make ventilators ahead of future viruses

VOV.VN - The Vietnamese government has ordered local companies to manufacture ventilators in an effort to bolster the country's defense against the novel coronavirus (COVID-19), in addition to other infectious respiratory diseases, according to reputable Japanese financial newspaper Nikkei Asian Review.

Downturn in Vietnamese manufacturing sector intensifies

Downturn in Vietnamese manufacturing sector intensifies

The Vietnamese manufacturing sector saw an intensification of the downturn last month with Manufacturing Purchasing Managers' Index (PMI) decreasing to 32.7 as a result of the coronavirus pandemic (COVID-19).

Foreign banks may return soon

Foreign banks may return soon

The completion of the sale of Vietcombank stake to foreign buyers in early 2019 and of BIDV at the end of last year may bode well for a comeback of foreign banks to Vietnam in 2020.

Vietnam’s PMI falls to 51.4 in August

Vietnam’s PMI falls to 51.4 in August

The Vietnam Manufacturing Purchasing Managers’ Index (PMI) posted 51.4 in August, remaining above the 50.0 no-change mark, but falling from 52.6 in July to signal a weaker overall improvement in business conditions.

January-June GDP picks up 6.76 percent

January-June GDP picks up 6.76 percent

Vietnam’s gross domestic product (GDP) expanded 6.76 percent, fueled by stable macro-economy, impressive rice exports, declining unemployment rate, and robust economic production, Director General of the General Statistics Office (GSO) Nguyen Bich Lam said at a press conference on June 28.