So is Vietnam. The communist country is enjoying an influx of foreign manufacturers, a trend that began after 2007 when low-end garment and shoe factories began to leave China and its rising costs.
Hanoi lawmakers approve $520m rescue of Vietnam Airlines
“Vietnam Airlines continues to work on solutions to reduce losses, implement effective production and business activities and pay attention workers’ benefits,” according to the National Assembly …
U.S. security adviser O’Brien to visit Vietnam this week
U.S. national security adviser Robert O’Brien will visit Vietnam this week, an American official and a Vietnamese source said on Tuesday. O’Brien will be in the Southeast Asian country from Friday …
Vietnam lawmakers approve capital injection plan for national airline
Vietnam’s National Assembly approved on Tuesday a plan to boost the capital of state carrier Vietnam Airlines after it was hit by the coronavirus pandemic.
Vietnam – a magnet for foreign investors: Russian expert
Having the third most vibrant startup ecosystem in Southeast Asia, Vietnam has been a promising land for foreign investors, according to Sergey Sinitsyn from the Moscow State Institute of …
Spring onions harvest in Vietnam
A farmer harvesting spring onions at the Cat Lai Co-op fresh vegetable farm, that applies “safe” farming methods, in Ha Nam province outside of Hanoi.
Vietnam to see boom in supply of industrial property next year: Savills
Vietnam will see strong growth in industrial property next year due to higher demand for industrial parks as business expand production or relocate out of China, according to Savills Vietnam.
Ampacs to expand production capacity in Vietnam
Gaming handset and TWS (true wireless stereo) earphone maker Ampacs plans to invest NT$200 million (US$6.9 million) to add an integrated production line at its factory in Vietnam, according to company …
Samsung Awards VMLY&R Vietnam New Business
VMLY&R Vietnam has been awarded a second round of business from Samsung after successfully launching the brand’s Eco Bubble washing machine.
Filipino homegrown companies assert dominance in 2020 Asean Business Awards in Vietnam
THE Philippines dominated the 2020 Asean Business Awards (ABA) held at the Hanoi Daewoo Hotel in Vietnam, with homegrown companies clinching 13 out of the 53 accolades given to the most outstanding …