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.

VN-Index down 20 points to close at 1,121.65, October 17

The VN-Index fell again on Tuesday continuing a rocky start to the week, according to Ho Chi Minh Stock Exchange data. The local bourse ended the day at 1,1121.65 points down 20 points on Monday’s close. Banking and securities were the most traded stocks of the day. Note: There was

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Vietnam rare earth mining firm find Australian development partner

The owners of Vietnam’s only rare earth processing plant, Vietnam Rare Earth JSC (VTRE), has announced it is partnering with Australia’s Blackstone Minerals to arrange an auction for a mining licence for Vietnam’s Dong Pao mine, The Investor is reporting. The Dong Pao mine is a 132-hectare site in northern

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Vietnam fuel imports have increased 23.1 percent so far this year

Vietnam spent US$793 million on imported fuel bringing its total imports of petrol products to US$6.65 billion, which is a 23.1 percent increase year-on-year, Vietnamnet is reporting. This is at least in part a result of challenges at Vietnam’s Nghi Son refinery that have seen capacity cut and huge financial

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Amazon Prime Video set to exit Vietnam market

Amazon Prime Video has decided to exit the Vietnam market at the end of the month, VN Express is reporting. Amazon doesn’t seem to have explained exactly why but the speculation is that Vietnam’s regulations on cross-border media providers may be the reason. More detail: In recent years Vietnam has

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New deal: Shinhan Bank Vietnam to offer corp. clients Samsung insurance

Shinhan Bank Vietnam and Samsung Vina Insurance Company have signed a deal for the former to offer the latter’s property insurance products to its corporate clients, Vietnam News is reporting.  Why it matters: This is positive news for insurance companies and bancassurance agreements which have been under increased scrutiny this

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Soju manufacturing plant headed to northern Vietnam

Soju maker HiteJinro is planning to build a US$100 million soju factory in northern Vietnam’s Thai Binh province, The Investor is reporting. This will be the Korean firm’s first overseas plant and will serve its broader global expansion plans. Soju is becoming increasingly popular in Vietnam and is broadly available

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Stock market to continue to climb this week: Vietnam News

Vietnam News is predicting that the stock market will continue to climb this week but the publication does not make clear how it has come to this conclusion. It does, however, carry comments from an executive at VNDirect, who says that low deposit interest rates as well as ongoing challenges

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AstraZeneca has been approved to transfer tech to Vietnam

Vietnam’s Ministry of Science and Technology (MoST) has approved the transfer of AstraZeneca technology and processes to Vietnamese partner the Medochemie Company, Scandasia is reporting. This transferred technology will be used to produce drugs in Vietnam to international standards . FYI: Whereas China often insists that firms transfer technology to

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VN-Index up 3 points to 1,154.73 at close October 13

The VN-Index inched up ever so slightly Friday to close out the day a fraction higher than it was at the start of the week, Vietnam News is reporting. The state-run news says local investors added VND 14 trillion (US$572.5 million) to the local bourse, however looking at the raw

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Vietnam golf courses raking in cash on limited supply

Vietnam could have between 400 to 500 gold courses by 2030, up from 100 at present, VN Express is reporting. This rapid growth is expected as a result of eased investment procedures, according to Ngo Cong Thanh,  a former deputy director of the Ministry of Planning and Investment’s planning management

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Vietnam new car sales down year-on-year

A total of 23,993 new cars were sold in Vietnam in September, a 17 percent drop over the 28,757 new cars sold in September of last year, according to the Vietnam Automotive Manufacturers Association (VAMA), and reported by Just-Auto. This brings total new car sales for the year to the

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VN-Index up 0.8 points to 1,151.61 at close October 12

The VN-Index inched up slightly Thursday with TPBank, Vingroup, Vinamilk, and Saigon Beer all making notable gains, VN Express is reporting. Foreign firms, however, sold almost twice as much as they bought, exiting the market to the tune of US$27 billion. Foreign investor trades on HOSE October 12 Buy Sell

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Power shortages in Vietnam possible up to 2050

A report produced for the National Assembly Standing Committee on energy development in Vietnam has found that the country could experience power shortages up to 2050, VN Express is reporting. The article notes this will be most problematic in the near term in the north, and that this will see

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US firm opens new chip factory in northern Vietnam

American chip maker, Amkor Technology, has officially opened its newest, US$1.6 billion factory in Vietnam, The Investor is reporting. The factory will provide packaging and testing services to global semiconductor and electronics manufacturing firms.  Why does it matter: the-shiv noted at the start of September that a White House fact

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