Market News

Foreign direct investment in supporting industries is expected to spike in the coming months as more and more foreign companies establish production facilities in Vietnam and seek …

Of the 200 partners that provide parts to Apple, only 25 enterprises are from Vietnam and the others are foreign invested. Apple is relocating its supply chain to Vietnam …

Hanoi’s firms operating in the supporting industry are developing strongly, reflected through the continuous increases in the number of businesses, their scale and quality. …

Vietnamese automotive industry According to the General Department of Customs, in 2019, 142,000 vehicles were imported into Vietnam for $3.1 billion. This figure corresponds to an …

Vietnam will move to attract large enterprises and corporations with high technology, said Nguyen Anh Tuan, deputy director of the Ministry of Planning and Investment's Foreign …

Only a few spare parts are produced domestically, forcing domestic manufacturing and assembling enterprises to import automobile spare parts from other sources, experts …

The competition in the Vietnamese automobile market is increasingly fierce, being fuelled by various bilateral and multilateral trade agreements such as the Comprehensive and …

The Indian automotive industry is looking forward to active cooperation with Vietnam’s automotive sector, Mr Yuvraj Kapuria, Chairman - YBLF and Vice President - The Hi-Tech Gears …

Many high-tech industrial parks have been formed with modern lines to meet domestic and international production needs.   Sweet fruits brought from the promotion of high-tech …

Major tech companies are looking to expand in Vietnam, on the back of strong hardware export and IT figures for the country's telecom industry so far this year. On August 1, …

Vietnam, which is pursuing a policy on the development of digital technology, has set the goal of having 10 technology firms with annual revenue of over $1 billion by …

The Saigon Hi-tech Park (SHTP) in Ho Chi Minh City has attracted more than 12 billion USD in domestic and foreign investment since its establishment 20 years ago. The Saigon …

Total demand of the domestic mechanical market by 2030 is estimated to reach about US$300 billion, according to the Việt Nam Association of Mechanical Enterprises (VAMI). Amid …

Typical achievements of Vietnam Mechanical Industry   In recent years, Vietnam's Mechanical Industry has achieved certain achievements. Domestic enterprises have been able to …

The total mechanical market demand of Vietnam from now to 2030 can reach more than US$300 billion. However, Vietnam's mechanical engineering industry only meets about one-third of …

Employees work at a factory of THACO in Quang Nam Province, central Vietnam. THACO’s mechanical products are used in not only the auto sector but also many others. Photo: Huu Hanh …

THACO invests in a mechanical industrial park to support more than 1 billion USD in Binh Duong Starting from 2023, Truong Hai Group will focus its resources on researching the …

Vietnamese enterprises are looking for new opportunities amid shifting global supply chains and the volatile world economy, but restrictive policies could be in the way of this …