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Category: Manufacturing & Industry

This category focuses on industrial production, from electronics and textiles to automotive and heavy industry. It covers FDI trends, supply chain developments, factory expansions, and government regulations shaping the industrial landscape. As a key driver of economic growth, manufacturing plays a crucial role in global supply chains, technological advancements, and industrial competitiveness.

 

Trade: Vietnamese exporters warn of collapse if US tariffs return: “We could not survive”

Two Vietnamese entrepreneurs, whose firms depend almost entirely on exports to the United States, have voiced grave concern about the impact of the proposed 46 percent US tariff. Speaking to BBC News, SHDC Electronics founder Le Song Hao and KPY Interior CEO Hoang Thi Nhu Yen said their businesses are already under pressure and may not survive if punitive tariffs are reinstated after the current 90-day suspension.

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Automotive: VinFast shifts focus to Asia amid widening losses

Vietnamese electric vehicle (EV) maker VinFast reported a US$1.26 billion loss in Q4 2024, an 81 percent increase year-on-year. The company will deprioritise North America and Europe, turning instead to Asia, including India, Indonesia, the Philippines, and Vietnam, Bloomberg has reported.

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Garments and textiles: H&M-backed Syre to invest US$1 billion in Vietnam

Garment manufacturing in Vietnam is set to receive a significant boost with Syre Group—a subsidiary of H&M Group and Vargas—announcing a US$1 billion investment in building a high-tech polyester recycling complex in Binh Dinh province. The project aims to turn Vietnam into the first global hub for fabric recycling using renewable energy and advanced EU–US standards, VN Express is reporting.

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Aviation: VietJet Vietnam stock market disclosure skims over latest court ruling, puts focus on appeal

In a release to the Ho Chi Minh City Stock Exchange, Vietnamese budget airline, VietJet, has acknowledged a ruling last week in the UK courts. It has not, however, detailed what happened or how it might respond but rather has suggested an appeal in the originating case will be won, negating last week’s ruling. That ruling was that the airline is liable for just over US$180 million in missed lease payments.

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