Industry News

HSBC: Growth in operating conditions in manufacturing sector ongoing

Operating conditions in the manufacturing sector - Vietnam’s bedrock - point to ongoing growth, with output, employment, and new orders - both overall and overseas - continuing to expand, according to HSBC’s Vietnam at a Glance report for March to May released on June 13.

HCM City’s industrial production rises in first half

HCM City’s industrial production index experienced a year-on-year increase of 7.5 per cent in the first half of this year, the highest level recorded in the past five years.

Ministry's initiative: to make cars not yet manufactured in regional market

The Ministry of Industry and Trade (MOIT) has proposed an original idea – manufacturing car models that other regional production bases do not make.

Ministry mulls new taxes for auto industry protection

The Ministry of Industry and Trade is mapping out a new strategy for the auto industry, with highlights including an exemption of special consumption tax for local content of autos, and raising tax rates on pickups to levels now applicable to sedans.

Green light turned on for private economic groups

In the last 10 years, Vietnam has seen the establishment of private joint stock companies operating in many different business fields.

EU trade agreement promotes changes at industrial parks

The EU-Vietnam Free Trade Agreement (EVFTA) will help Vietnam become the regional hub of many foreign manufacturing companies, boosting the development of industrial zones in the country, Mr. Gellert Horvath, Vice Chairman of the European Chamber of Commerce (Eurocham) told a conference held by Vietnam-Singapore Industrial Park (VSIP) on May 11 with the theme “Unlocking the Potential of a New Model of Living and Manufacturing in the North”.

Change is coming with the 4th industrial revolution: experts

Here are the opinions of business leaders on what the fourth industrial revolution has in store for Vietnam.

Processing and manufacturing industry records positive start to 2016

Vietnam's Index of Industrial Production (IIP) climbed 7.9 percent in April compared to the same period last year, with the processing and manufacturing industry leading the way with 12.5 percent growth on year.

Firms must update technology

To remain competitive and take part in the global value chain, local companies, especially small- and medium-sized enterprises must invest in modern technology

Sandvik Coromant unveils a revolution in turning

Industry’s first ‘all directional turning’ solution offers improved machining flexibility, productivity and tool life.
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