Nike has chosen Vietnam as its largest production base, with more than 50% of its footwear output manufactured here, surpassing China’s role in recent years. Key reasons include competitive labor costs, robust factory infrastructure, and strong market appeal, especially in the U.S. Vietnam’s footwear industry, has become a pivotal export sector despite challenges such as … Read more
Mr. Bach Bang, General Director of Lenovo Group (China) had a meeting with Chairman of Bac Ninh Provincial People’s Committee Nguyen Tu Quynh to explore investment opportunities and set up factory in Bac Ninh. At the meeting, according to Mr. Bach Bang, Lenovo Group is a global enterprise, operating in the field of manufacturing computers, … Read more
The data has recently been published by the Foreign Investment Agency (Ministry of Planning and Investment) showed that FDI disbursement continued to achieve an impressive growth of 9.1% to set a new record with disbursed capital of 19.1 billion USD.Three consecutive years of setting new record of disbursing foreign direct investment (FDI) has affirmed that … Read more
ESMO Corporation (precursor is NEXEN TECH Corporation – Korea) has just started construction of the first ESMO VINA automobile cable factory in Vietnam. ESMO VINA automobile cable factory has a total area of 63,500 m2 and total investment capital of 700 billion VND, located in Gia Phu Industrial Complex (Ninh Binh), expected to create jobs … Read more
Vingroup has just announced that they will manufacture electronic devices, starting with the smartphone branded Vsmart. Implementing the strategy to expand the field of industrial production, following the VinFast automobiles and electric scooters production project, Vingroup established VinSmart Company with a charter capital of 3,000 billion VND. VinSmart will operate in two main areas. The … Read more