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

Apple supplier Inventec receives land for $200 mln Hanoi project

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

Taiwan optical item maker Pegavision begins building $200 mln factory in Vietnam

Taiwan optical item maker Pegavision begins building $200 mln factory in Vietnam

Pegavision, a Taiwan-based maker of soft contact lenses and ophthalmic devices, kicked off the construction of a $200 million factory in Vietnam’s northern province of Thai Binh on Tuesday.

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

Vietnam hosts 3.04 mln foreign arrivals in Jan-Feb, S Korea biggest source

Vietnam hosts 3.04 mln foreign arrivals in Jan-Feb, S Korea biggest source

Vietnam welcomed 3.04 million foreign arrivals in the year to February 20, up 64.1% year-on-year, the General Statistics Office reported.

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

Taiwan-invested Good Way begins work on $45 mln factory in northern Vietnam

Taiwan-invested Good Way begins work on $45 mln factory in northern Vietnam

Good Way Technology Vietnam Company Limited, a subsidiary of Taiwanese firm Good Way Technology, began building a $45 million factory in the northern province of Thai Binh Monday.

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

Vietnam hosts 1.5 mln foreign arrivals in Jan, Korea, China biggest sources

Vietnam hosts 1.5 mln foreign arrivals in Jan, Korea, China biggest sources

Vietnam welcomed 1.51 million foreign arrivals from December 21, 2023 to January 20, 2024, up 73.6% year-on-year, the General Statistics Office (GSO) said Monday.

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

Taiwan-invested footwear firm George Glory fined $20,300 for environmental violations

Taiwan-invested footwear firm George Glory fined $20,300 for environmental violations

The Ministry of Natural Resources and Environment's inspectorate agency has issued a fine of nearly VND500 million ($20,350) to Taiwan-invested footwear firm George Glory (Vietnam) International Corporation.

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

Exquisite international standard Vietnamese chocolate shipped to Japan

Exquisite international standard Vietnamese chocolate shipped to Japan

Alluvia's chocolate bars are made from Vietnamese cocoa ingredients with beautiful packaging and are exported to Japan and Taiwan.

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

400 staff of Taiwan-invested firm resume work after strike over Lunar New Year bonus

400 staff of Taiwan-invested firm resume work after strike over Lunar New Year bonus

About 400 workers of Taiwan-invested luggage maker King Loy Enterprise in Long An province resumed work Monday after a strike over changes in their Tet (Lunar New Year holiday) bonuses.

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

Taiwanese footwear maker readies $62 mln for Vietnam Lunar New Year bonuses

Taiwanese footwear maker readies $62 mln for Vietnam Lunar New Year bonuses

PouYuen Vietnam, a Taiwanese footwear maker with the largest workforce in Ho Chi Minh City, will give Tet (Lunar New Year) bonuses worth VND1,505 billion ($61.8 million) to its employees.

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

Singapore, China firms seek stakes in central Vietnam solar, wind power projects

Singapore, China firms seek stakes in central Vietnam solar, wind power projects

Quang Tri is collecting feedback on proposals by several firms from Singapore, Taiwan and mainland China for buying solar and wind power projects in the central province.

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

Vietnam welcomes 12.6 mln foreign visitors, S Korea tops source markets

Vietnam welcomes 12.6 mln foreign visitors, S Korea tops source markets

Vietnam welcomed 1.4 million foreign visitors in December, and 12.6 million in all of 2023, up 93.9% and 240% year-on-year, respectively, the General Statistics Office reported Friday.

A year in review and 2024 forecasts - Mon, Dec 22, 2021 | 11:30 am GMT+7

Central Vietnam province accepts $120 mln investment from Taiwan lighting maker

Central Vietnam province accepts $120 mln investment from Taiwan lighting maker

Taiwanese backlight modules maker Radiant Opto-Electronics Corporation has received an investment certificate to pour $120 million into building a factory in the VSIP Nghe An Industrial Park.

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

Hung Yen province welcomes 2 FDI projects worth $138 mln

Hung Yen province welcomes 2 FDI projects worth $138 mln

Vietnam’s northern province of Hung Yen granted investment certificates to two foreign investments with total registered capital of $138 million on Tuesday.

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

Vietnam’s Dong Nai province attracts 3 FDI projects worth $109 mln

Vietnam’s Dong Nai province attracts 3 FDI projects worth $109 mln

Dong Nai province, an industrial hub in southern Vietnam, granted investment certificates to three foreign direct investment (FDI) projects with total registered capital of $109 million on Thursday.

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

Taiwan’s Lotes to invest $25 mln more in northern Vietnam factory

Taiwan’s Lotes to invest $25 mln more in northern Vietnam factory

Taiwanese electronics firm Lotes, a supplier to Intel, Samsung and Sony, will invest an additional $25 million in its factory in Thai Binh province, raising its total investment to $145 million.

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

Central Vietnam province to license 4 FDI projects worth $69 mln

Central Vietnam province to license 4 FDI projects worth $69 mln

The central province of Quang Ngai will grant investment certificates later this month to four foreign direct investment (FDI) projects worth $69.3 million and two project expansions worth $10.8 million.

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

Taiwan mechanics firm commences construction on $75 mln factory in northern Vietnam

Taiwan mechanics firm commences construction on $75 mln factory in northern Vietnam

Taiwan-based mechanics firm Lioho Machine Works has kicked off the construction of its $75 million factory in Vietnam’s northern province of Vinh Phuc.

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

Taiwan backlight modules firm eyes $120 mln investment in central Vietnam

Taiwan backlight modules firm eyes $120 mln investment in central Vietnam

Taiwanese backlight modules maker Radiant Opto-Electronics Corporation plans a $120-million factory in the central province of Nghe An.

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

Vietcap Securities signs $75 mln loan with Maybank, Taishin

Vietcap Securities signs $75 mln loan with Maybank, Taishin

Vietcap Securities, a major stock brokerage house in Vietnam, has signed syndicated loan financing for $75 million, with a greenshoe option of up to $50 million, the firm announced Thursday.

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

Northern Vietnam province attracts $166 mln investments from Boway, Waffer Technology

Northern Vietnam province attracts $166 mln investments from Boway, Waffer Technology

Mainland China's new material-energy firm Boway and Taiwanese alloy producer Waffer Technology plan to invest a total of $166 million in Hai Duong province.

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

Taiwan power conversion producer P-Duke invests $8 mln in northern Vietnam

Taiwan power conversion producer P-Duke invests $8 mln in northern Vietnam

P-Duke Technology, a Taiwan-based producer of power conversion products, has been approved to invest $8 million in building a factory in Nam Dinh province.

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

Taiwan electronics supplier Foxlink to invest $135 mln in central Vietnam

Taiwan electronics supplier Foxlink to invest $135 mln in central Vietnam

Taiwan-based Foxlink International Investment Ltd, a maker of electrical components for communications devices, computers and consumer electronics, will invest $135 million in a factory in the central city of Danang.

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

Striking employees return to work at Taiwan-invested footwear firm in central Vietnam

Striking employees return to work at Taiwan-invested footwear firm in central Vietnam

All 7,000 employees of Taiwan-invested footwear maker Viet Glory Co. Ltd. in Nghe An province returned to work Monday morning, a week after striking work demanding better pay and working conditions.

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

Amata-invested industrial park in northern Vietnam to welcome automobile component project

Amata-invested industrial park in northern Vietnam to welcome automobile component project

Taiwan-invested Renli Industrial Vietnam Co. Ltd. has leased three hectares in Song Khoai Industrial Park in Quang Ninh province to build an automobile component factory.

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

Vietnam’s Thai Binh province okays 3 FDI projects totaling $270 mln

Vietnam’s Thai Binh province okays 3 FDI projects totaling $270 mln

Vietnam’s northern province of Thai Binh granted investment certificates to three foreign direct investment (FDI) projects with total registered capital of $270 million on Wednesday.

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

Taiwan electronics firm Lite-on to build new plant in northern Vietnam

Taiwan electronics firm Lite-on to build new plant in northern Vietnam

Lite-on Technology Corporation, a world-leading Taiwanese provider in optoelectronics and power management, plans to build a factory in Quang Ninh province.

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

Taiwan PCB Techvest to launch Vietnam factory in last quarter

Taiwan PCB Techvest to launch Vietnam factory in last quarter

Taiwan PCB Techvest, a manufacturer of printed circuit boards (PCB), is set to launch its Vietnam factory in the next quarter to serve the automotive market.

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

Apple supplier Inventec to invest $125 mln in Vietnam’s capital city

Apple supplier Inventec to invest $125 mln in Vietnam’s capital city

Taiwan-invested Inventec Technology Vietnam was granted an investment registration certificate Wednesday for a $125 million project in Hanoi.

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

Vietnam MSG maker Vedan’s biggest market despite lower H1 revenues

Vietnam MSG maker Vedan’s biggest market despite lower H1 revenues

Vietnam remains the biggest market for Taiwan-invested MSG maker Vedan despite an 18.1 year-on-year drop in H1/2023 revenues to $82.3 million.

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

Taiwan footwear giant PouYuen to further reduce 1,231 jobs in August

Taiwan footwear giant PouYuen to further reduce 1,231 jobs in August

PouYuen Vietnam, a Taiwanese footwear maker and the largest employer in Ho Chi Minh City by workforce, will conduct its third layoff this year later this month, cutting 1,231 jobs.

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

Taiwan's JiaWei to build $100 mln factory in northern Vietnam in Sep

Taiwan's JiaWei to build $100 mln factory in northern Vietnam in Sep

Taiwan's housewares maker JiaWei will invest $100 million in building a plant in Nam Dinh province and expects to begin factory construction next month.

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

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

Agriculture firm BAF Vietnam plans to take $21 mln loan from foreign banks

Agriculture firm BAF Vietnam plans to take $21 mln loan from foreign banks

BAF Vietnam Agriculture JSC plans to secure a syndicated loan of up to VND500 billion ($20.9 million) from foreign banks, according to a resolution approved on Monday.

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

Taiwan firm HuaLi builds $42 mln factory in central Vietnam

Taiwan firm HuaLi builds $42 mln factory in central Vietnam

Taiwan’s HuaLi Group kicked off the construction of a $42 million footwear factory in Thanh Hoa province on Monday.

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