The Hanoitimes – The move would make Samsung’s global production more efficient, stated the company. Samsung is expected to shift parts of its TV production to Vietnam following the closure of its sole China TV factory in Tianjin at the end of November, Nikkei Asian Review reported. The move is part of a greater trend of […]
Read MoreThe Hanoitimes – Online payment is essential as the government targets to provide at least 30% of online public services at advanced stages of 3 and 4 in 2020. The Vietnamese government aims to fully integrate the online payment function on the national public services portal by September 15, aiming to ensure convenience for the people […]
Read MoreThe regional textile industry has come under near-term threat from the global Covid-19 outbreak, especially for key producer Cambodia. Sian Fenner, lead Asia economist at Oxford Economics, noted in a recent report that lockdowns adopted to contain the spread of the virus “have had a severe impact on manufacturing and exports” in Cambodia, Laos, Myanmar […]
Read MoreDa Nang has called for total investment of VND47.5 trillion (US$2 billion) from the State Budget and foreign sources for the development of 38 projects between 2021-25, focusing on transport and traffic. Director of the city’s planning and investment department, Tran Phuoc Son, said 77 per cent of the proposed investment would come from international […]
Read MoreVietnam needed to improve its infrastructure in order to attract more FDI, a webinar heard on Monday. Themed “Capitalising on Vietnam’s Investment Opportunities Post COVID-19”, the webinar drew senior leaders from businesses and organisations across Asia, Europe and the US. Minister of Planning and Investment Nguyen Chi Dung said that trade conflicts among major economies had forced international corporations and enterprises […]
Read MoreThe Hanoitimes – As a production hubs of world major tech firms such as Samsung, Vietnam is capable of manufacturing sophisticated products with high technological content, said an expert. Vietnam’s economy could surpass Thailand, Indonesia or the Philippines in coming years, according to C.K. Tong, CEO of BW Industrial Development, a joint venture between the US […]
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