VOV.VN - Vietnam is fast emerging as one of the leading destinations for foreign investment, with global giants such as Apple, Foxconn, and Panasonic all making moves to shift their production lines following the easing of the threat of the novel coronavirus (COVID-19), despite this, the nation still faces major hurdles ahead.
Vietnamese air conditioner manufacturers are increasingly using sophisticated technologies as they jostle for market share in a competitive market.
VOV.VN - Panasonic is gearing up to shut down a large appliance factory on the outskirts of Bangkok as early as this autumn in order to consolidate their production at a larger facility based in Vietnam as a means of enjoying greater efficiency, according to Japan’s Nikkei Asian Review.
As the health crisis continues to affect all walks of life, significant challenges are arising for business leaders to make their foreign-invested enterprises better prepared as well as to protect their workers.
The 2019 international exhibitions on electrical technology and equipment (Vietnam ETE) and on products, technologies of energy saving and green power (Enertec Expo) are showcasing advanced technologies of the industry in Ho Chi Minh City between July 17 and 20.
Electronic goods shops and supermarkets in HCM City are offering big promotions on air conditioners, refrigerators and fans as the hot season approaches.
Vietnam expects a bright export picture for 2018, driven by the key export items of phones and electronic components, textiles and garment and footwear, as well as a growing trade surplus despite protectionist measures coming into effect across the globe.
The 11th International Exhibition on Electrical Technology & Equipment (Vietnam ETE 2018) and the 8th International Exhibition on Products, Technologies of Energy Saving & Green Power 2018 (Enertec Expo 2018) will simultaneously opened in Ho Chi Minh City on July 18.
Vietnam has very good achievements in foreign direct investment attraction, however, it needs to change its strategy and orientation to focus on the necessary sectors to improve efficiency.
In the last 30 years, Vietnam has attracted massive amounts of FDI but has missed opportunities to develop supporting industries.
The General Statistics Office (GSO) has announced there was an excess of exports over imports of US$2.8 billion in the first 11 months of the year. However, this was overshadowed by the fact that most of the reports came from FIEs, while domestic enterprise contributions were modest.
VOV.VN - The Vietnamese electronics industry is proving an attractive destination for foreign investors, particularly Japanese businesses.
Samsung Vina Electronics and Panasonic AVC Vietnam may have to pay a combined total of over US$21 million in back taxes for incorrectly declaring imported liquid crystal (LC) films.
Vietnam’s latest technology achievements in electricity and electrical equipment are being introduced at the 10th International Exhibition on Electrical Technology & Equipment (Vietnam ETE 2017) and the 7th International Exhibition on Technologies of Energy Saving (Enertec Expo 2017).
While the Ministry of Industry and Trade (MOIT) and experts have decided that Vietnam needs to develop an automobile industry of its own, other experts believe that the ‘automobile dream’ is ‘far away’ and that Vietnam should focus on making 2-wheel vehicles.
VOV.VN - Nowadays the press is filled with an abundance of stories about high-tech investment of Japanese concerns into Vietnam agriculture and how it might revitalize the sector for economic growth, job creation and food security.
VOV.VN - Vietnam is courting high-tech Japanese investment in manufacturing, Dr Vu Tien Loc, chair of Vietnam Chamber of Commerce and Industry, said on January 24 during a business forum in Hanoi.
A series of activities focusing on the environment was held in the central province of Thanh Hoa’s Vinh Loc District on May 27.
Thai air conditioner marker Saijo Denki Company has recently announced that it will defeat other domestic air conditioner brands, especially Panasonic, Mitsubishi Electric, and Daikin, according to newswire VTC news.
Thanks to a Panasonic-backed campaign, poor children and their families living without access to the national power grid in the mountainous northern Vietnamese province of Yen Bai finally have the opportunity to use solar electricity.