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.

 

Vietnam’s manufacturing sector contracting again: S&P’s PMI

S&P Global’s Purchasing Managers’ Index recorded a drop in September to 49.7 from 50.5 in August, The Investor is reporting. The article goes on to point out that the General Office of Statistics’ Industrial Production Index went the other way and recorded a 0.1 percent increase from August. The full

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Food company in northern Vietnam to branch out into electric vehicles

The Cencon Vietnam Company, known for frozen foods and consumer goods, has announced it intends to branch out into electric vehicles, The Leader is reporting. A new company will be established–the Cencon Electric Car Company–with start-up capital of VND 80 billion (US$3.3 million). The article suggests this new company will

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Meta is looking to make metaverse hardware in Vietnam

Facebook parent company Meta, is looking to make hardware for its Metaverse in Vietnam, according to VN Express. This comes as the Prime Minister of Vietnam met with Meta executives in California on Monday. Why it matters: Facebook has flourished in Vietnam and has become an integral part of the

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Semiconductor supply chain challenges for VN re: decoupling from China

Vietnam’s overreliance on imports from China in its supply chains may hinder its ambition to become a pivotal part of global semiconductor supply chains, according to Zachary Abuza, a professor at the National War College in Washington who specialises in Southeast Asian politics and security issues, quoted in this article

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US sees Vietnam at bottom end of semiconductor supply chain?

The US will support Vietnam to attract investment in semiconductor production and developing technical skills necessary to participate in semiconductor production, according to a US Department of State press release.  Of note in the state departments release is a reference to ‘building on Vietnam’s existing strengths in assembly, testing, and

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US product transfer firm opens factory in southern Vietnam

US firm Kurz, which specialises in thin-film transfers and decorative producs, has opened a factory in Vietnam’s Quy Nhon province, Plastics Technology is reporting. In the original press release, the company says it’s investing 35 million euros (US$37.5 million) in the new facility. It is slated to produce plastic finishings

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Samsung ‘reluctant’ re: semiconductor chip factory in Vietnam

Samsung is ‘reluctant’ to build a semiconductor chip factory in Vietnam, Nikkei Asia is reporting. The publication goes on to detail Vietnam’s falling exports of smartphones and outlines some of the arrangements Samsung has with the Vietnamese authorities in order to ensure their operations run smoothly. Some context: Vietnam has

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Key Apple supplier to boost investment in northern Vietnam

BYD Electronics will invest a further US$183.7 million in its operations in Phu Tho province in the north of Vietnam, according to The Investor. The company currently assembles tablets for Apple and makes components for camera drones in the area. About 70 kilometres from Hanoi, Phu Tho forms part of

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Vietnam, India big winners in Apple supply chain shift

Vietnam, alongside India have been the big winners in Apple’s diversification out of China according to Bloomberg. Bloomberg has compiled Apple supplier data from 2012 to 2022 and found a huge expansion of Apple suppliers in the burgeoning Southeast Asian nation over the last five years or so. With comments

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