Saigon Co.op Cooperated with Wilmar (Japan) to Build Sauce Factory

Vietnamese Law Search

Nam Duong International Food Co., Ltd will implement the project with a total investment capital of 577.2 billion VND (equivalent to 25.6 million USD) to build a new factory in Hiep Phuoc Industrial Zone (Nha Be, Ho Chi Minh City). Accordingly, Nam Duong International Food Co., Ltd is a joint venture between Saigon Co-op (a … Read more

India’s Auto Parts Firm is Setting up Factory in Vietnam

Set-up factory in Vietnam

Pricol, the 40-year-old company in India, currently has 8 production facilities and 7 international offices. As published on the India Times newspaper, Pricol is planning to expand operation in overseas markets by opening new plants and implementing acquisitions globally. According to the CEO of Pricol, the company will set up new plants in Mexico and … Read more

TPP Helps Vietnam Become an Important Base in The World Production Chain

Top consulting company in Vietnam

Vietnam is considered to be the biggest beneficiary country of the 12 countries participating in the TPP.The fact that countries which have large markets like the US, Japan and Canada reducing import tax to 0% for Vietnam goods will create tremendous boost to export of Vietnam. Particularly the textile industry, turnover could increase significantly. The … Read more

Can Vietnam Become a New Production Center of The World?

Vietnamese Law Search

Vietnam now is a machining and production center, just behind Singapore on the total investment amount of China. China is following the model of the Japanese economy and then has higher production costs. Therefore, Chinese enterprises are now diverting into neighboring countries to find the location for new manufacturing facilities. With great potential for growth, … Read more

Big Manufacturer Waves  Enter Vietnam

Top consulting company in Vietnam

Facing difficulties in manufacture and consumption, some big car manufacturers in Thailand and Indonesia are planning to find new market in ASEAN. Moreover, recently, LG Electronics- the world’s second largest television manufacturer also intends to move from Thailand to Vietnam. According to Federal Thailand Industry –FTI’s figures, In 2014, 881,800 cars were sold in Thailand, decreasing … Read more