September 15, 2023
Boeing encourages Korean, Japanese suppliers to add VN to their supply chains
Boeing’s supply chain development director for Southeast Asia, Maxime Dourdan, told a forum Wednesday that it was encouraging its tier 1 and 2 suppliers in Korea and Japan to consider utilising Vietnamese suppliers for tier 3 and 4 parts and components, The Investor is reporting. Eds note: The timing on
Changes to who handles work permits in Vietnam proposed
Vietnamnet is reporting on proposed changes to who is in charge of assessing and issuing work permits. Specifically, if it should be at a local People’s Committee level or at the provincial level–essentially local government versus state government. The article is not clear as to why this might be necessary
Vietnam’s low labor costs, economic resilience most important for foreign firms?
VN Express is carrying the outcomes of a HSBC survey that found low labor costs and economic resilience the two main reasons businesses considered Vietanm in their expansion plans. There is, however, no mention of tax incentives in either the article or HSBC’s original press release. Note: Tax incentives can
Power shortages in northern Vietnam next dry season likely
Northern Vietnam’s power supply next dry season may fall short by up to 10 percent in a worst case scenario according to the Ministry of Industry and Trade, and reported by The Saigon Times. The publication goes on to dub the power supply a ‘significant challenge’ though this may be
What the ECB’s interest rate rise might mean for Vietnam
VN Express is reporting on the European Central Bank’s interest rate rise and what it means for the EU. There are, however, a couple of key points missing with respect to what it might mean for Vietnam. Firstly rising interest rates in the EU is likely to impact demand for
In today’s news: SBV raises loan-to-deposit cap, Fuel tax cut extension, Denmark jewellery factory opens, Taiwan cooling system manufacturer expansion, SK firm gas power
In today’s news: HNX stocks to transfer to HSX, Exit block VN-Aus. re: tax, MWG employee embezzlement, US-VN patrol boat contract awarded, SK carpet
In today’s news: Long Thanh passenger fees, Violent short film producers fined, Innovation index improvement, Hanoi pilotless aircraft sandbox under consideration, Power project Japan
This is an interview with Chris Walker, a Vietnam Sourcing Expert with Vietnam Factory Tours how rising oil prices and the Middle East crisis are
This is an interview with John Gardner, CEO and Founding Partner, at Optimum Hospitality in Ho Chi Minh City. It covers fuel price impacts on:
This is an interview with Dr Nuno F. Ribeiro, Associate Professor, International Tourism & Hospitality Management at Copenhagen Business College, formerly of RMIT Vietnam. It