Taiwanese tech giant Foxconn expands production scale in Vietnam (25/02/2025)
Tech giant Foxconn Interconnect Technology (FIT) of Taiwan (China) has unveiled that its subsidiary New Wing Interconnect Technology Co., Ltd recently acquired a 25% stake in Goertek Electronics Vietnam in an effort to expand its production footprint in Vietnam.
Tech giant Foxconn Interconnect Technology (FIT) of Taiwan (China) has unveiled that its subsidiary New Wing Interconnect Technology Co., Ltd recently acquired a 25% stake in Goertek Electronics Vietnam in an effort to expand its production footprint in Vietnam.
AI, semiconductor conference to bring global tech giants to Vietnam in March (25/02/2025)
About 1,000 experts and leaders from global tech giants, including Google, DeepMind, IBM, Intel, TSMC, Samsung, MediaTek, Tokyo Electron, Panasonic, Qorvo, and Marvell, will travel to Vietnam in mid-March to discuss the development of artificial intelligence (AI) and semiconductors, Vu Quoc Huy, director of the Vietnam National Innovation Center (NIC), said on Monday.
About 1,000 experts and leaders from global tech giants, including Google, DeepMind, IBM, Intel, TSMC, Samsung, MediaTek, Tokyo Electron, Panasonic, Qorvo, and Marvell, will travel to Vietnam in mid-March to discuss the development of artificial intelligence (AI) and semiconductors, Vu Quoc Huy, director of the Vietnam National Innovation Center (NIC), said on Monday.
Foxconn invests $50 mln Goertek stake for Vietnam expansion (25/02/2025)
This strategic investment aims to enhance the company's position in the electronics industry in Vietnam.
This strategic investment aims to enhance the company's position in the electronics industry in Vietnam.
Bayer accompanies smallholder farmers to fight climate change (25/02/2025)
Vietnam's agricultural sector is experiencing significant growth, with exports reportedly yielding $62.4 billion in 2024, despite the challenges of climate change and pressures to meet international export standards.
Vietnam's agricultural sector is experiencing significant growth, with exports reportedly yielding $62.4 billion in 2024, despite the challenges of climate change and pressures to meet international export standards.
Textile and garment sector sees export growth (25/02/2025)
The domestic textiles and garment industry is witnessing a surge in export orders in 2025, driven by a positive economic outlook and competitive advantages, positioning the country as a key player in the global market.
The domestic textiles and garment industry is witnessing a surge in export orders in 2025, driven by a positive economic outlook and competitive advantages, positioning the country as a key player in the global market.
Vietnam to promote sustainable trade exchanges with EU (24/02/2025)
More measures will be actively deployed in response to the EU’s "green growth policy."
More measures will be actively deployed in response to the EU’s "green growth policy."
Temporary anti-dumping duties to be imposed on hot-rolled coil steel imported from China (24/02/2025)
Under this decision, China's steel under investigation will be subject to the new duties, which will take effect 15 days after issuance and remain in force for 120 days.
Under this decision, China's steel under investigation will be subject to the new duties, which will take effect 15 days after issuance and remain in force for 120 days.
UAE’s DP World plans free trade zone in Ba Ria-Vung Tau (24/02/2025)
Ba Ria-Vung Tau's People’s Committee signed an MoU with the UAE’s DP World to research of a free trade zone (FTZ) at Cai Mep Ha Seaport on February 18.
Ba Ria-Vung Tau's People’s Committee signed an MoU with the UAE’s DP World to research of a free trade zone (FTZ) at Cai Mep Ha Seaport on February 18.
Vietnamese economy ranks fourth in ASEAN (24/02/2025)
With its 2024 GDP size estimated at $476.3 billion, Vietnam surpasses the Philippines to enter the ASEAN-4 in terms of economic size.
With its 2024 GDP size estimated at $476.3 billion, Vietnam surpasses the Philippines to enter the ASEAN-4 in terms of economic size.
Vexos to expand facility in Ho Chi Minh City (24/02/2025)
US-based Vexos announced plans to expand its facility in Ho Chi Minh City on February 20 to meet increasing customer demand.
US-based Vexos announced plans to expand its facility in Ho Chi Minh City on February 20 to meet increasing customer demand.
Vietnam offers new opportunities to South Korean tech giants (24/02/2025)
With more than 150 delegates from leading South Korean corporations and universities in attendance, the Vietnam Semiconductor Investment Forum is expected to open up new cooperation opportunities.
With more than 150 delegates from leading South Korean corporations and universities in attendance, the Vietnam Semiconductor Investment Forum is expected to open up new cooperation opportunities.
Export turnover of timber and wooden products remains on strong footing (21/02/2025)
The recovery in global demand will fuel the robust growth of timber and wooden exports in 2025.
The recovery in global demand will fuel the robust growth of timber and wooden exports in 2025.
UK's CPTPP membership opens doors for Vietnam exporters (21/02/2025)
In 2024, trade between Vietnam and the UK reached $8.4 billion, an increase of 18% compared to 2023.
In 2024, trade between Vietnam and the UK reached $8.4 billion, an increase of 18% compared to 2023.
Technology primed as next modern growth driver (21/02/2025)
Obstacles in funding sci-tech projects could soon be resolved to release resources and create momentum for the country’s economic growth.
Obstacles in funding sci-tech projects could soon be resolved to release resources and create momentum for the country’s economic growth.
Vietnam’s opportunities exponentially increasing (21/02/2025)
Global management consultancy Boston Consulting Group in January issued a report discussing the global impacts of the latest US election. VIR’s Bich Ngoc talked with Aparna Bharadwaj, leader of the firm’s Global Advantage Practice, about the issue and what businesses in Vietnam need to do to strengthen the supply chain.
Global management consultancy Boston Consulting Group in January issued a report discussing the global impacts of the latest US election. VIR’s Bich Ngoc talked with Aparna Bharadwaj, leader of the firm’s Global Advantage Practice, about the issue and what businesses in Vietnam need to do to strengthen the supply chain.
No slowdown felt in China+1 FDI strategy (21/02/2025)
Asurge of foreign inflows into Vietnam so far in 2025 is highlighting the country’s increasing role as a China+1 destination.
Asurge of foreign inflows into Vietnam so far in 2025 is highlighting the country’s increasing role as a China+1 destination.
Vietnam’s Ca Mau seeks support for agricultural, aquatic product exports to Singapore (20/02/2025)
Secretary of the Party Committee of Ca Mau, the southernmost province of Vietnam, Nguyen Ho Hai proposed that the Singapore Embassy in Vietnam assist in connecting exporters of agricultural and aquatic products from the province with importers in the city-state during a meeting with the embassy’s delegation in Hanoi on Monday.
Secretary of the Party Committee of Ca Mau, the southernmost province of Vietnam, Nguyen Ho Hai proposed that the Singapore Embassy in Vietnam assist in connecting exporters of agricultural and aquatic products from the province with importers in the city-state during a meeting with the embassy’s delegation in Hanoi on Monday.
Most US manufacturers forecast layoffs at Vietnam operations with Trump tariffs, survey shows (20/02/2025)
Most U.S. manufacturers surveyed by the American Chamber of Commerce in Vietnam said they would be likely forced to lay off workers if the Trump administration imposed tariffs on the export-reliant Southeast Asian country.
Most U.S. manufacturers surveyed by the American Chamber of Commerce in Vietnam said they would be likely forced to lay off workers if the Trump administration imposed tariffs on the export-reliant Southeast Asian country.
Vietnam exports over 160,000 tons of rubber in January (20/02/2025)
Total export revenue estimated at $298 million.
Total export revenue estimated at $298 million.
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