manufacturing
The Manufacturing category covers industrial production, factory expansions, and supply chain dynamics. It explores exports, imports, technological advancements, automation, and government policies, providing insights into investment trends, foreign participation, and production efficiencies.
Chinese solar cell maker to build new factory in northern Vietnam
China’s Boway intends to build a 20-hectare, US$114 million solar cell factory in northern Vietnam’s Hai Duong province, The investor is reporting. This is part of a number of major investments in its manufacturing operations across northern Vietnam. All-up it reportedly has plans to invest US$350 million Hai Dunong alone.
Chinese solar factory starts operating in northern Vietnam
China’s Jingko Solar has started operating a new US$709 million factory in Vietnam’s northern province of Quang Ninh, The Investor is reporting. The new 31.3-hectare factory is expected to employ 4,500 workers when fully operational and generate revenue of US$4.07 billion annually.
Columbia Sportswear looking to ‘near-shore’, may cost Vietnam
US apparel brand Columbia Sportswear is in the process of ‘near-shoring’ its manufacturing operations out of Asia (Columbia Sportswear has around 190 contract suppliers in Vietnam) to Central America, the New York Times is reporting. Key Columbia Sportswear executives quoted cite their move from China to Vietnam as problematic with
Japan electronics manufacturer to build new factory in northern Vietnam
Japan’s Meiko Electronics, intends to start work on a US$200 million circuit board factory in northern Vietnam’s Hoa Binh province next year, The Investor is reporting. This will be Meiko’s fourth factory in Vietnam where it has currently invested US$500 million and employs 7,000 workers.
Taiwan electronics manufacturer to build new factory in northern Vietnam
Taiwan’s P-Duke Technology, which is most well known for power converters, is set to build a new US$8 million in northern Vietnam’s Nam Dinh province, The Investor is reporting. The Taiwanese firm is expected to start operating the 3.2-hectare factory in October 2025,
Taiwan electronics maker to build new factory in central Vietnam
Foxlink International is set to build a US$135 million factory to produce touch pens, wireless earphones, battery packs, charging stations, and printed circuit boards Danang in central Vietnam, The Investor is reporting. When it’s completed the factory will cover 11.35 hectares and employ 2,000 people.
Increase to minimum wage in Vietnam pushed back beyond January 2024
The National Wage Council has said it will not recommend increasing the minimum wage from the start of 2024, Tuoi Tre is reporting. Lai Van Tong, the Deputy Director of the Department of Labour Relations and Wages, at the Ministry of Labour, War Invalids and Social Affairs, says this is
🇻🇳 Garment exports drop in September after four months of increases
Vietnam Plus is reporting that garment and textiles exports increased in August for the fourth month in a row, with US$3.4 billion exported, up 5.5% month on month. Customs data from September, however, reveals that this upward run was short-lived with textile and garment exports reaching just US$2.57 billion in
German adhesives maker inaugurates new factory in northern Vietnam
Tesa, a tape and adhesives maker from Germany, has opened a new factory in northern Vietnam’s Hai Phong province, The Investor is reporting. The new factory has come at a cost of US$58 million and has the capacity to produce up to 49 million square meters of tape each year.
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
Japan pneumatic device maker to increase Vietnam investment
Japan’s SMC Manufacturing, which makes pneumatic instruments, intends to increase its investment in Vietnam to the tune of US$120 million, The Investor is reporting. These funds will be used to expand the firm’s operations in Dong Nai in Southern Vietnam just a few clicks from the country’s financial centre, Ho
Japan electrical cable maker to invest in new operation in southern Vietnam
The Vietnamese arm of Japan electronics firm Wave Crest is set to invest US$10 million in southern Vietnam’s Dong Nai province, The Investor is reporting. The firm specialises in electronic circuit boards and electrical cables, however, the aforementioned article does not detail how the funds will be spent, nor what
China plastics manufacturer to build new factory in southern Vietnam
The Vietnamese arm of Chinese plastics manufacturer Kingfa Science & Technology is set to open a new US$80 million factory in southern Vietnam’s Dong Nai province, The Investor is reporting. What the company will make at the new factory has not been disclosed but the company’s key outputs are plastic
China electronics maker to establish new factory in northern Vietnam
China’s Longstar Lighting Ha Mon Company is set to invest US$25 million in a new factory in Vietnam’s Thai Binh province, The Investor is reporting. The factory will manufacture and assemble LED bulbs and auxiliaries over the four-hectare site. It is expected that when fully operational the factory will have
Taiwan PC input device maker approved for new factory in northern Vietnam
Taiwan’s Goodway Cayman Company is set to invest US$45 million in a new factory in Vietnam’s Thai Binh province, The Investor is reporting. The factory will make electronic devices and computer peripherals. Covering five hectares, Goodway Cayman estimates the new factory will generate US$180 million a year.
Taiwan optical device maker approved for new factory in northern Vietnam
Taiwan’s Pegavision, a major manufacturer of soft contact lenses and other assorted medical optical devices, has been approved to build a lens factory in Thai Binh to the tune of US$200 million, The Investor is reporting. Covering 10 hectares, Pegavision is anticipating revenues of US$114 million a year when completed.
French-Polish freeze-dried instant coffee plant starts work in southern Vietnam
Last week, France’s Louis Dreyfus Company and Poland’s Instanta Sp. z o.o. inaugurated a freeze-dried instant coffee production facility in Vietnam’s Binh Duong province (next door to HCMC), Vietnam News has reported. The project has cost US$84.2 million to put together and has a capacity of 5,600 tonnes. See also:
SK carbon fiber firm has in-principle support for factory in southern Vietnam
The Ba Ria-Vung Tau’s industrial park authority has given in-principal approval for South Korea’s Hyosung to construct a US$540 million carbon fiber factory, The Investor is reporting. In its initial phase, the factory will have the capacity to produce 4,800 tons of carbon fiber products. There are plans to expand
Vietnam launches antidumping investigation into wind turbine towers from China
The Ministry of Industry and Trade has launched an investigation into wind turbine towers imported from China at the request of CS Wind Vietnam, a subsidiary of South Korea’s CS Wind, The Leader is reporting. Why it matters: This goes to the changing nature of trade with Vietnam, specifically the
Is Google really considering shifting production from Vietnam to India?
India’s Firstpost is reporting that Google is considering shifting production of Pixel devices from Vietnam to India after footage of the Google Pixel 8 Pro was leaked from a Vietnamese factory. A handful of other outlets have also jumped on this story, however, its origins are somewhat shady. The source,
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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