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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
Quang Nam province works to attract investment in industry
The central province of Quang Nam will speed up site clearance and build infrastructure for industrial parks and industrial clusters to lure investment.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam’s Jan industrial sector index down 4.4% from Dec 2023
Vietnam’s index of industrial production (IIP) went up 18.3% year-on-year in January but fell 4.4% month-on-month, the General Statistics Office (GSO) reported Monday.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Korean industrial chaebol Hyosung plans $2 bln investment in Vietnam this year
South Korean giant Hyosung, which has invested $3.5 billion in Vietnam, plans to invest another $2 billion this year, said vice chairman Cho Hyun-sang.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam industrial sector sees 1.5% annual growth, 5.8% Dec growth
Vietnam’s industrial sector continued its recovery with the index of industrial production (IIP) rising 5.8% year-on-year in December, while the January-December index inched up 1.5%.
A year in review and 2024 forecasts - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam-Singapore joint venture plans industrial parks in Dong Nai, Khanh Hoa provinces
Vietnam-Singapore Industrial Park J.V. Co. Ltd. (VSIP), a joint venture between Vietnam’s real estate developer Becamex and Singapore’s Sembcorp, plans projects in Dong Nai and Khanh Hoa provinces.
Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Deputy trade minister arrested for 'receiving bribes'
Vietnamese Deputy Minister of Industry and Trade Do Thang Hai was detained on Thursday on charge of “accepting bribes” in an oil trading company scam.
Politics - Mon, Dec 22, 2021 | 11:30 am GMT+7
Korea’s Hyosung plans $720 mln additional investment in Ba Ria-Vung Tau province
South Korea’s industrial chaebol Hyosung plans to invest $720 million more in Vietnam’s southern province of Ba Ria-Vung Tau in a biofiber factory, said a delegation from the firm.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Ministry seeks feedback on draft eco-industrial park rules
Vietnam’s Ministry of Planning and Investment is seeking comments from 19 industrial park developers regarding a draft circular on eco-industrial parks.
Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam industry sector recovery continues with 3% Nov growth
Vietnam’s industrial sector continued its recovery as the index of industrial production (IIP) rose 3% in November from October, while the January-November index inched up 1% year-on-year.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam industry sector continues recovery with 5.5% growth in Oct
Vietnam’s industrial sector continued on its road to recovery as the index of industrial production (IIP) rose 5.5% in October from September, while the January-October index was up 0.5% year-on-year.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam’s Jan-Sep industrial production index up 0.3%
Vietnam’s index of industrial production (IIP) grew 0.3% year-on-year in the first nine months of this year, the General Statistics Office (GSO) reported Friday.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam’s industrial production index slips 0.4% in Jan-Aug
Vietnam’s index of industrial production (IIP) increased 2.9% month-on-month and 2.6% year-on-year in August, but the index fell 0.4% year-on-year in the first eight months of the year.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Speed up work on Vietnam-Singapore Innovation Center, investor urged
The Binh Duong administration has urged leading property developer Becamex IDC to accelerate work on the Vietnam-Singapore i4.0 Innovation Center in the southern province.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Ministry calls for approval of new Vietnam-Singapore industrial park in northern Vietnam
The Ministry of Planning and Investment has urged Prime Minister Pham Minh Chinh to approve a 333.4-hectare Vietnam-Singapore Industrial Park (VSIP) project in the northern province of Thai Binh.
Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Long An province ticks all the right boxes for Japan firms
Long An province bordering Ho Chi Minh City is an ideal location for business expansion beyond Japan, Japanese businesses said on Friday.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Major developers keen to build industrial parks in Hau Giang province
Many major corporations have responded with interest to Hau Giang province’s plan that envisages the construction of seven industrial parks covering 1,741 hectares by 2030.
Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Korea industrial giant Doosan's Vietnam unit earns $100 mln profit in 2022
Doosan Enerbility Vietnam Co., Ltd., the Vietnamese unit under South Korean industrial giant Doosan, earned a net profit of KRW129.72 billion ($100.6 million) in 2022, doubling year-on-year, according to Doosan Corporation’s consolidated financial statements.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Work begins on $167 mln eco-circular industrial park in northern Vietnam
Vietnamese private group Hanaka has begun construction on the Gia Binh II Industrial Park, the first eco-circular industrial park in Bac Ninh, a manufacturing hub in northern Vietnam.
Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam sees slight drop in industrial production
Vietnam’s index of industrial production (IIP) showed signs of recovery with a year-on-year growth of 2.8% in June, but fell 1.2% year-on-year in the first six months of this year.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Danang struggles to find investors for major industrial park projects
Vietnam's central city of Danang has been searching for investors to build infrastructure at three major industrial parks for almost three years.
Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam’s industrial production recovers in May
Vietnam’s index of industrial production (IIP) rose 2.2% in May from April and 0.1% from the same period last year, showing signs of a recovery, the General Statistics Office (GSO) reported.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Germany’s Magnetec launches production plant in Vietnam
Magnetec GmbH, a German provider of system solutions for the innovative sectors of automotive, energy, industry, and safety, opened its first factory in Vietnam on Wednesday.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Dong Nai province eyes 8 more industrial parks amid low supply
The southern province of Dong Nai eyes building eight more industrial parks to offset the current lack of available industrial areas, according to provincial authorities.
Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vinh Long province calls for $1.85 bln investment in 23 projects
Vinh Long province in Vietnam’s Mekong Delta is seeking investment for 23 key projects worth VND42,738 billion ($1.85 billion) in sectors of industrial real estate, agriculture, culture-tourism, urban area development, and trade-service.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Four industrial parks in northern province added to national plan
Four industrial parks in the northern province of Ha Nam have been added to the national plan for industrial park development under a decision signed by Deputy Prime Minister Le Minh Khai on Friday.
Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Industrial real estate pins hopes on FDI: Colliers
Industrial real estate in Vietnam will continue to attract foreign investors thanks to its affordability, Colliers Vietnam said in its latest report for the fourth quarter of 2022.
Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam manufacturing index drops amid lower demand
The S&P Global Vietnam Manufacturing Purchasing Managers' Index™ dropped to 46.4 in December 2022 from 47.4 in November, amid deteriorating overseas and domestic demand, said S&P Global.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam’s industrial production index up 7.8% in 2022
Vietnam’s index of industrial production (IIP) in 2022 went up 7.8% year-on-year, with a growth of 6.8% recorded in Q1, 9.8% in Q2, 10.9% in Q3, and 3% in Q4.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Industrial production index inches up 0.3% in November
Vietnam’s index of industrial production (IIP) rose 0.3% in November from October, a slow pace due to companies' lack of orders, high input costs and shortage of materials, according to the General Statistics Office.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Nghe An okays two FDI projects worth $275 mln
Nghe An province has approved in principle two foreign-invested projects worth $275 million - one in electronics production and the other producing metal items for construction.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Binh Duong second in FDI attraction at $2.7 bln
Binh Duong attracted $2.7 billion of registered foreign direct investment in the year to September 20, up 58% year-on-year, ranking second in Vietnam after Ho Chi Minh City.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Becamex, India industry confederation sign cooperation agreement
Becamex IDC and the Confederation of Indian Industry (CII) have signed an agreement on partnership in the areas of IT, medical care, electronics, sustainable development and innovation.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam among top choices for global investors: Cushman & Wakefield survey
Vietnam is the emerging market of choice on a first- and second-place preferred basis in a new Cushman & Wakefield global survey, taking almost 80% of the votes, ahead of India’s 75%.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Ministry to reap massive dividend from machinery firm VEAM
The Ministry of Industry and Trade will net at least VND4,746 billion ($204 million) from 2021’s dividend payments by Vietnam Engine and Agricultural Machinery Corp. (VEAM), which holds major stakes in carmakers Honda Vietnam, Toyota Vietnam, and Ford Vietnam.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
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