Industry News

Vietnam, Lao Localities Boost Trade Union Links

Quang Nam (VNA) – The Trade Union of the central province of Quang Nam has signed an agreement with its Lao counterpart from Champasak province at a ceremony in the Vietnamese locality on August 18, aiming to promote cooperation between the two agencies in 2016-2020.

FDI records misleading at best, meaningless at worst

Only three of the billion dollar projects that Vietnam licensed in 2008, the peak of the country in terms of foreign direct investment (FDI) attraction, have been implemented to some degree to date.

7.3 per cent minimum wage proposal meets qualms

The proposal to increase the minimum wage by an average 7.3 per cent in 2017 continues to receive various opinions from Vietnamese authorities.

RoK’s firm opens plant, research centre in Bắc Ninh

Samil CTS Vina Co Ltd of the Republic of Korea (RoK), which specialises in producing computers and computer peripherals, inaugurated a plant and a research and development (R&D) centre in the Yên Phong Industrial Park, northern Bắc Ninh province on Friday.

Air Conditioner Vendors Battle It Out Over Vietnam

Japanese Daikin Industries will invest $93.6 million to build an air conditioner manufacturing plant in Vietnam, as part of its plans to capitalise on the Southeast Asian nation's potential for rapid growth, according to newswire Nikkei.com.

GE, Microsoft Announce Industrial IoT Partnership

General Electric and Microsoft this week announced a new agreement aimed at bolstering the ability of manufacturers to take advantage of the Industrial Internet of Things.
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