Vietnam has become an increasingly crucial part of the global technology supply chain, with companies such as Apple and Samsung seeking to diversify their production to minimise the impact of a Sino-U.S. trade war and after the Southeast Asian country has been able to contain the spread of the coronavirus so far. … [Read more...] about Intel invests additional $475 million in Vietnam plant
Revoke the investment certificate
Yen Bai Province encourages investment in agricultural processing
Industry promotion activities boost outstanding local products According to the Yen Bai Province Department of Industry and Trade, in the 2016-2020 period, the industry promotion program deployed 126 projects and supported 132 rural industrial establishments with a budget of over VND208.29 billion, VND24.2 billion of it from the state and VND184 billion from rural industrial establishments. The capital was used to help businesses in producing tea, cinnamon, cinnamon essential oil, plantation timber and building materials, promoting their products, increasing incomes and creating jobs for over 2,000 local direct workers and thousands of indirect workers. … [Read more...] about Yen Bai Province encourages investment in agricultural processing
Apple speeds up output shift of iPhones and iPads in Vietnam
It is not clear what brands of laptops and tablets Foxconn will produce in Bac Ninh. However, the group is moving some iPad and MacBook assembly to Vietnam from China at the request of Apple, a person with knowledge of the plan told Reuters in November, as the firm diversifies production to minimise the impact of China-US trade tensions. … [Read more...] about Apple speeds up output shift of iPhones and iPads in Vietnam
Vietnam needs high-quality human resources to keep giant investors
Foxconn will manufacture and outsource tablets and laptops at this factory, with a scale of more than 8 million items per year. The project with a total investment of US$270 million is expected to come into operation in the third quarter of 2022. According to the Ministry of Planning and Investment, this $270-million project is just the beginning of the following equally impressive plans of Foxconn. By December last year, Foxconn had invested in Vietnam US$1.5 billion. This year, the company plans to add $700 million and recruits 10,000 new workers. On the same day, the People's Committee of Bac Giang Province also granted investment registration certificates to three other projects. They were the project of Ja Solar PV Vietnam photovoltaic cell technology of Hong Kong’s investor Ja Solar Investment Limited, Risesun New Material Vietnam Factory project, and Kodi New Material Vietnam Factory project of Singapore’s Risesun Investment Pte. Ltd. The total investment capital of … [Read more...] about Vietnam needs high-quality human resources to keep giant investors
Ho Chi Minh City prioritizes adjustment of Thu Duc City’s drainage system in next five years
The first phase in building the Nhieu Loc – Thi Nghe wastewater treatment plant, the third phase in efficiency upgrading for the Binh Hung wastewater treatment plant, as well as the search for investment in other plants are also expected to be done by 2025. … [Read more...] about Ho Chi Minh City prioritizes adjustment of Thu Duc City’s drainage system in next five years
