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Apple supplier Inventec receives land for $200 mln Hanoi project

Taiwan-based Inventec, an Apple supplier, received the first land lots Monday for a $200 million, 50-hectare project in Hanoi.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Smartphone scams alarming in Thailand

Whoscall, the leading app to identify unknown callers and prevent smartphone scams, revealed that scam attempts in Thailand increased strongly in 2023.

Southeast Asia - Mon, Dec 22, 2021 | 11:30 am GMT+7

German tape maker tesa opens $58 mln factory in northern Vietnam

Germany-headquartered tape maker tesa inaugurated a EUR55 million ($57.8 million) factory in Hai Phong city on Thursday.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Chinese giant BYD to raise investment by $144 mln in Vietnam’s Phu Tho province

Chinese giant BYD will increase its investment in Vietnam by $144 million, Phu Tho province’s industrial park authority has announced.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Plunge in Vietnam’s exports bottoms out

VinaCapital’s chief economist Michael Kokalari notes that Vietnam’s exports are set to recover in this year’s fourth quarter, driven primarily by a bottoming out of the U.S. inventory cycle. This rebound is likely to help lift Vietnam’s GDP.

Consulting - Mon, Dec 22, 2021 | 11:30 am GMT+7

Apple to launch online store in Vietnam next week

Apple will launch an online store in Vietnam on May 18, offering a full range of Apple products and direct Vietnamese support for customers nationwide, the tech giant announced on Friday.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam spends $3.5 bln on smartphone imports in 2022

Vietnam spent $3.5 billion on importing smartphones in 2022, with iPhones accounting for the biggest portion of $1.61 billion, or 46.05% of the total.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Dutch chip suppliers weigh factory possibilities in Vietnam

Dutch suppliers to giant chipmaker ASML Holding are gauging reality in Vietnam, Singapore and Malaysia this week to build factories in the Southeast Asian markets.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Samsung investment in Vietnam reaching new heights: CEO

Samsung Group sees this year as a significant milestone in Vietnam as it is the Korean giant’s 15th year of massive investments in the country, said Samsung Vietnam CEO Choi Joo Ho.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Samsung Electronics sets sights on Vietnam as strategic R&D hub

Samsung Electronics inaugurated its largest Southeast Asia research and development center in Hanoi on Friday, meaning an elevation of the importance of Vietnam not only as a manufacturing hub but also a center for research activities.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Samsung eyes additional $2-bln investment in Vietnam

Korean electronics giant Samsung is set to add $2 billion into Vietnam, raising its total to $20 billion, according to Samsung Electronics CEO Han Jong-hee.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Newly-appointed Samsung Electronics executive chairman to visit Vietnam

Samsung Electronics executive chairman Lee Jae-yong is slated to pay a working visit to Vietnam later this year to seek new investment opportunities, according to South Korean industry sources.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Samsung subsidiary, Vietnamese military firm sign phone parts manufacturing deal

UIL Vietnam JSC, a unit of Samsung Electronics Vietnam, and military-run Z111 Factory have signed an agreement on manufacturing sim trays, a smartphone component.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Samsung prepares to make semiconductor component in Vietnam

Samsung Electronics is preparing for the trial production of flip-chip ball grid array in Vietnam, with commercial production slated to begin next July at its factory in Thai Nguyen province.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Made-in-Vietnam Xiaomi phones reach regional markets

Xiaomi smartphones made in Vietnam are already available in the Malaysian and Thai markets while Google is considering having its future Pixel phones produced in the country.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

S Korea, Vietnam look to $100 bln trade next year

Vietnam and South Korea expect bilateral trade to soar to $100 billion in 2023 from $78.1 billion last year, then to $150 billion by 2030, the Vietnamese government said.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Samsung pumps another $841 mln into Vietnam

Samsung Electronics Co.’s unit in Ho Chi Minh City’s Saigon Hi-Tech Park has been allowed to add $841 million to its capital, totaling an investment of $2.84 billion.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Market ease sees Samsung cut smartphone production capacity in Vietnam

Samsung Electronics has reportedly adjusted the number of working days for Vietnamese smartphone production staff from five a week to three.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Xiaomi launches new budget phone a week earlier in Vietnam

Xiaomi’s budget device Poco C40 has hit the street in Vietnam’s red-hot phone market a week before its global launch on June 16.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Xiaomi debuts made-in-Vietnam smartphones

DBG Technology Co. Ltd, a manufacturing partner of China's Xiaomi Inc., has debuted its first batch of Xiaomi smartphones manufactured in Vietnam.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

VNPay to launch Vietnam’s 3rd mobile virtual network

Digilife Vietnam, part of Vietnamese tech unicorn VNPay, has become the third mobile virtual network operator (MVNO) in the tech-savvy country, home to almost 100 million people.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

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