The Taiwanese company will invest $19 million in the first phase at the Dinh Vu Industrial Zone in Hai Phong City to produce computing, communications and consumer electronics, according to a recent report by the Ministry of Planning and Investment submitted to Prime Minister Nguyen Xuan Phuc. … [Read more...] about Apple supplier Pegatron to invest $1 bln in Vietnam
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2020 – unprecedented year for mobile phone retail chains
In the years before, private shop owners earned big money because they had next-generation iPhones for sale sooner than iPhone authorized resellers. But in 2020, officially distributed iPhone 12s became available in Vietnam soon, on November 27, or just two weeks after they were launched in other markets. … [Read more...] about 2020 – unprecedented year for mobile phone retail chains
New MG ZS 2021 comes to Vietnam
Morris Garages, as MG was known in the past, was Britain’s first automobile brand with a heritage of more than 90 years. By 2019 its vehicles were distributed in 39 countries with total sales of nearly 300,000 units a year. … [Read more...] about New MG ZS 2021 comes to Vietnam
Manufacturing hub dreams manifesting with big moves
The first, WHA Smart Technology Industrial Zone Thanh Hoa, will cover an area of approximately 600 hectares, plus an additional residential area of between 30-50ha. Meanwhile, covering around 540ha, WHA Northern Industrial Zone Thanh Hoa will target downstream industries including plastics, rubber, chemical and bio-chemical products, metal fabrication and foundries, building materials, automotive parts, mechanical assembly, appliances and more. To date, the investor has commenced the necessary procedures for obtaining project approvals, with construction expected to begin for both by 2023. … [Read more...] about Manufacturing hub dreams manifesting with big moves
15 prosecuted in Nhật Cường mobile company smuggling case
From 2013-2019, Nhật Cường Company’s business focused on selling mobile phones and other electronic devices. However, the company allegedly purchased goods from foreign countries for sale in Việt Nam without going through customs and did not pay taxes. … [Read more...] about 15 prosecuted in Nhật Cường mobile company smuggling case