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.
South Korean firm signs agreement with chip factory manager in Vietnam
Of note, Vietnam has a breadth of experience in assembly, packing, and testing of semiconductor chips on the back of huge investment from firms like Intel and Amkor. Furthermore, regional and global free trade agreements to which Vietnam is a party position it well for this final stage of semiconductor chip supply chains. That said, Vietnam’s semiconductor manufacturing has faced a number of challenges including an unreliable electricity supply and a shortage of skilled workers.
Vietnam Stock Reviews: FPT Retail
In the first half of 2024, FPT Retail’s revenue increased by 22 percent compared to the same period in 2023, of which Long Chau’s revenue accounted for 63 percent. During this period, FPT Retail realigned its operations, expanding Long Chau’s network by adding 209 pharmacies and 77 vaccination centres while closing a further 113 underperforming FPT Shop stores…
Doing Business in Hai Duong, Vietnam 2024
Hai Duong province, located in the Red River Delta region of Vietnam, has emerged as a dynamic economic hub. With its strategic location, proximity to Hanoi, and a skilled workforce, the province has attracted significant domestic and foreign investment. Known for its rapid industrialization, Hai Duong has transformed from an agricultural-based economy into a manufacturing powerhouse.
Doing Business in Da Nang, Vietnam 2025: Key Sectors & Investment
Da Nang, often referred to as the “city of bridges,” has emerged as a dynamic economic and tourism hub in Vietnam. Its strategic location on the central coast offers a balance of natural beauty and urban development, making it an attractive destination for businesses and investors. With a focus on sustainable development and a strong commitment to improving the business environment, Da Nang has positioned itself as a competitive city for domestic and foreign enterprises.
Mercedes Benz plant in Vietnam’s HCMC future uncertain, on extension approval delays
The project was originally approved in 1995 and given a 30 year lifespan. The operators of the plant, a joint venture between Mercedes-Benz Group AG and Saigon Transport Mechanical Corporation have requested a five-year extension, however, current regulations dictate that at the end of the licence the land must be reclaimed by the city. There does not appear to be regulatory provisions for an extension without interruption.
Starbucks closes premium store in Vietnam’s Ho Chi Minh City
Of note, opening a cafe or coffee shop in Vietnam for foreign firms or individuals, however, is not always easy. Not only are there a number of technical and licensing requirements that need to be met, but Vietnam has also developed its own very distinct and unique coffee culture which can make penetrating Vietnam’s coffee consumer class challenging…
Vietnam Stock Reviews: Vinamilk (dairy products)
In the second half of the year, domestic consumption is projected to bounce partly thanks to a nationwide increase in the salaries of government employees, providing a strong stimulus for Vinamilk to grow. Additionally, Vinamilk is actively pursuing new opportunities by expanding its presence in global supply chains, focusing on emerging markets and leveraging free trade agreements…
EuroCham exec says high attrition rates in Vietnam key challenge
Of note, the average wage of factory workers in Vietnam is generally higher than most other industries. On top of those wages, factory workers are also entitled to a number of relatively standard entitlements…
Vietnam’s Vietjet faces new legal action from original lessors in FW Aviation lawsuit
This adds to a growing list of legal action against the airline in recent years. This includes filings with the UK courts from SAF Leasing and Avolon Aerospace in May this year, a judgement in another lawsuit brought by Djinn Issuer mostly in favour of the claimant in October of 2023, and another brought by AWAS 6696 Ireland limited in May of 2023…
India to launch anti-dumping probe into Vietnam steel
India is now another in a growing list of countries with trade remedies investigation into Vietnamese steel–South Korea started an investigation back in June and the EU announced it had received an official complaint back in July…
Investing in Dong Nai, Vietnam 2025: Key Industries & Business Climate
Dong Nai province, located in the southeastern region of Vietnam, has emerged as a dynamic economic hub in recent years. Its strategic location, coupled with robust infrastructure and a supportive government, has positioned it as an attractive destination for both domestic and foreign investors. The province boasts a thriving industrial landscape, with a particular focus on manufacturing, processing, and export-oriented activities.
Doing Business in Hai Phong, Vietnam 2024
Hai Phong, a dynamic coastal city in northern Vietnam, has emerged as a thriving economic hub. Its strategic geographic location, coupled with robust infrastructure development, has positioned it as a prime destination for foreign investors. As Vietnam’s second-largest seaport, Hai Phong offers seamless access to both domestic and international markets, making it an ideal base for manufacturing, logistics, and trade operations.
Vietnam government agrees to 50 percent registration fee cut for three months
Of note, the Ministry of Finance earlier this year raised concerns that registration fee cuts may create legal problems. Specifically, the policy could be seen to be discriminating between locally made and imported vehicles which would put it in breach of EVFTA rules…
Taiwan launches antidumping investigation into Vietnam cement
In the first seven months of 2024, Vietnam exported 18,227,814 tons of cement and clinker worth US$669.2 million. This was a decline of 13.3 percent over the same period in 2023. To Taiwan specifically, it exported 891,050 tons worth US$32,125,934, according to data from Vietnam’s General Department of Customs.
Japan’s Mitsui buys into Vietnam car maker Tasco Auto
Data from the Vietnam Automobile Manufacturers’ Association from July found that vehicle sales of the group’s members increased significantly in July over June–about 13 percent. Year on year sales, however, were down, which is in line with broader economic challenges.
Vietnam Stock Reviews: TNG (textiles and garments)
The textile and garment industry is projected to continue growing in the second half of 2024, however, gross margins are expected to remain under pressure. The 6 percent increase in the minimum wage in Vietnam starting in July 2024, coupled with difficulties in raising product prices because of competition from rival countries, will likely hinder margin growth.
Vietnam Stock Reviews: Masan Group (consumer goods)
As of the second quarter of 2024, Masan Group’s net revenue was up by 8.2 percent year-over-year, driven by its core retail consumer businesses. This was in part credited to Masan Consumer Corporation, which trades under ticker MCH on Vietnam’s Unlisted Public Companies stock market…
US critical circumstances allegations filed re: solar cells from Vietnam, Thailand
Essentially, it’s being alleged that firms in Vietnam and Thailand have increased the speed at which they export solar cells to the United States in order to avoid possible future antidumping and countervailing duties. This comes after an investigation was announced earlier this year into some solar imports from Southeast Asia.
Vietnam News Roundup: August 9 to August 15
This week’s Vietnam news roundup covers foreign trader stock market activity, bond issuances, new manufacturing projects, a raid on a fake laundry detergent operation, imports and export data, car sales data, and more…
FIFA bans Vietnam football club from new signings over unpaid wages
Of note, Guirassy, was due to be paid out three months’ salary, about US$19,500, but the club’s bank accounts were frozen over unpaid taxes. These were eventually cleared, however, by that time Guirassy’s visa had lapsed and a renewal had not gone through so the bank was unable to process the transaction. At this point with fines and interest the club was up for an additional US$8,400. It’s still not clear when this will be paid.
In today’s Vietnam news: Crypto transfers to VN not necessary, Novaland bond changes, Perspectives on garment industry, Working hours cut proposed, Adding political component
In today’s Vietnam news: Fuel prices cut, Double-digit growth target reinforced, New airport services delay approval requested, TikTok VN investment, Bybit in Vietnam, LG
In today’s Vietnam news: VN renews antidumping tariffs on Thai sugar, Power supply challenges continue, USTR tariffs forced labour, AMRO growth forecast downgrade, Foreign
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