Taiwan firms see Vietnam as crucial link in supply chain shift to Southeast Asia

Taiwan firms see Vietnam as crucial link in supply chain shift to Southeast Asia

Taiwanese businesses have recognized Vietnam as a crucial link in their supply chain shift to Southeast Asia, said CY Huang, founder of the Southeast-Asia Impact Alliance (SIA).

Industries - Tue, April 9, 2024 | 4:02 pm

US chip tool maker Lam Research eyes $1-2 billion investment in Vietnam

US chip tool maker Lam Research eyes $1-2 billion investment in Vietnam

California-based chip manufacturing equipment supplier Lam Research has plans to partner with Korea’s Seojin Company to develop factories and establish a supply chain with an investment of $1-2 billion in the first phase as it seeks to expand in Asia.

Industries - Thu, March 21, 2024 | 11:09 am

Apple supplier Luxshare-ICT looks for 1,000 new workers in central Vietnam

Apple supplier Luxshare-ICT looks for 1,000 new workers in central Vietnam

Luxshare-ICT (Nghe An) Limited, a subsidiary of major Chinese electronics producer Luxshare-ICT and a supplier for Apple Inc., is recruiting an additional 1,010 laborers after the Lunar New Year (Tet) holiday, as the firm anticipates rising orders.

Companies - Tue, February 27, 2024 | 4:31 pm

Thailand WHA targets $1 bln additional investment in central Vietnam province: CEO

Thailand WHA targets $1 bln additional investment in central Vietnam province: CEO

WHA Industrial Development, a leading Thai firm, has invested $200 million in the central province of Nghe An and targets to pour another $1 billion over the next five years.

Industrial real estate - Thu, January 18, 2024 | 4:01 pm

Vietnam ready to ride new investment wave

Vietnam ready to ride new investment wave

Vietnam has gone through three waves of FDI and is at the foot of the fourth wave after Vietnam-U.S. relations were upgraded to a Comprehensive Strategic Partnership in September 2023.

A year in review and 2024 forecasts - Mon, January 15, 2024 | 4:15 pm

Opportunities outnumber challenges, Vietnam set for FDI surge: Dragon Capital

Opportunities outnumber challenges, Vietnam set for FDI surge: Dragon Capital

With more opportunities than challenges, Vietnam is expected to receive increased direct and indirect foreign investment this year, said Dang Nguyet Minh, head researcher at leading investment firm Dragon Capital.

A year in review and 2024 forecasts - Fri, January 12, 2024 | 5:52 pm

Quang Ninh province aims to attract $1.5 bln in Thailand-invested industrial park next year

Quang Ninh province aims to attract $1.5 bln in Thailand-invested industrial park next year

Vietnam’s northern province of Quang Ninh is looking to attract investment of at least $1.5 billion in 2024 in Song Khoai Industrial Park, also known as Amata City Ha Long, invested by Thailand’s leading industrial developer Amata.

Industrial real estate - Thu, December 7, 2023 | 2:27 pm

Rising land prices in northern Vietnam pose concern to investors: Savills

Rising land prices in northern Vietnam pose concern to investors: Savills

A substantial increase in land prices in Vietnam’s Northern Economic Zone (NEZ) could unnerve investors who seek to set up manufacturing facitiies here, real estate services firm Savills Vietnam said in its latest note.

Industrial real estate - Mon, October 30, 2023 | 2:48 pm

Major Taiwan electronics makers charmed by Vietnam

Major Taiwan electronics makers charmed by Vietnam

Leading Taiwan-based electronics manufacturers, in their efforts to diversify supply chains, have constantly found Vietnam as a destination to open new factories or expand production.

Industries - Wed, August 23, 2023 | 2:41 pm

Vietnam new source for rare earths magnet companies

Vietnam new source for rare earths magnet companies

South Korea's Star Group Industrial (SGI) and China's Baotou INST Magnetic are set to open factories in Vietnam to explore rare earth deposits, according to Reuters.

Industries - Tue, August 22, 2023 | 4:28 pm

Foxconn to persist with build-operate-localize strategy in Vietnam

Foxconn to persist with build-operate-localize strategy in Vietnam

Hon Hai Precision Industry Co., Ltd., also known as Foxconn, has said it will continue to implement its build-operate-localize (BOL) strategy in Southeast Asia, including Vietnam, Thailand, and Indonesia.

Companies - Wed, August 16, 2023 | 10:09 pm

Foxconn invests fresh $100 mln in Vietnam

Foxconn invests fresh $100 mln in Vietnam

Foxconn, the world's largest contract electronics maker, has injected $100 million into its Singapore unit FIT Singapore to add to a new production project in Vietnam, according to the Taiwan Stock Exchange (TWSE).

Industries - Mon, August 14, 2023 | 10:59 am

Wistron to pour additional $24.5 mln into Vietnam

Wistron to pour additional $24.5 mln into Vietnam

Apple supplier Wistron’s board of directors (BOD) has approved a proposal to inject an additional $24.5 million into its new manufacturing subsidiary in Vietnam in line with the electronics maker’s business expansion and strategic planning.

Industries - Tue, August 8, 2023 | 10:35 am

Major automakers race to tap Vietnam EV market

Major automakers race to tap Vietnam EV market

Vietnam’s emergence as a major electric vehicle (EV) market in Southeast Asia is reflected in the rush of new models being introduced by leading automakers.

Industries - Tue, August 1, 2023 | 3:51 pm