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.
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.
Vietnam's Manufacturing Purchasing Managers' Index (PMI) in June reached its highest level in 10 months.
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.
VOV.VN - Luxshare ICT Co, Ltd has announced plans to recruit thousands of workers for its factories based in Van Trung industrial park in the northern province of Bac Giang to assemble the famous Airpod headphones of Apple.
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.
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.
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.
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).
The Vietnam Manufacturing Purchasing Managers' Index (PMI) fell sharply to 41.9 in March from 49.0 in February, a survey by IHS Markit and Nikkei released on April 1 showed.
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.
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.
Southeast Asia-focused private equity company Navis Capital Partners is looking to withdraw its investment from the Hanoi French Hospital.
The index of industrial production (IIP) rose by 9.4 percent year-on-year in the first seven months of this year, according to the General Statistics Office (GSO).
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.
The US tech giant is believed to ask its major suppliers to evaluate the cost implications of shifting 15% to 30% of their production capacity from China to Southeast Asia as it prepares for a fundamental restructuring of its supply chain.
Vietnamese manufacturers recorded another monthly improvement in business conditions during May, with growth of output and new orders picking up from April.
Vietnam aims to become the first country in Southeast Asia to put 5G into commercial operation in 2020, according to Japanese daily Nikkei.
VOV.VN - Japanese media have underlined Vietnam’s role and relationship with the US and the Democratic People’s Republic of Korea.
Vietnam’s Manufacturing Purchasing Managers’ Index (PMI) rose from 53.9 points the previous month to reach 56.5 points in November, according to the latest survey from Nikkei’s IHS Markit, released on December 3.