Industry News

Toyoda to build airbag plant in VN

Toyoda Gosei Co., Ltd. on Wednesday released plans on its website to establish a new plant for producing airbag parts in the northern province of Thái Bình, Việt Nam.

Local, foreign firms: divided they stand

According to a survey by the Việt Nam Chamber of Commerce and Industry last year, only 14 per cent of private Vietnamese businesses had foreign-owned businesses as clients.

Regional countries agree on safe labour migration

ĐÀ NẴNG — Ministers of labour from Cambodia, Laos, Myanmar, Thailand and Việt Nam (CLMTV) –agreed to improve their migration management system and share responsibilities in contributing to safe labour migration.

Vietnam promises incentives to Koreans

Investors from the Republic of Korea (RoK) involved in the electronics industry in Vietnam will receive many incentives as part of the Government’s growing focus on the field for national industrial development, officials announced at a conference held in Seoul on June 8.

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”.

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