China will not be Sharp’s place of manufacturing LCD screens for cars sold in the US, this stage will be transferred to Vietnam. Sharp is going to set up factory in Vietnam. According to Sharp, they will build a new factory in Vietnam to avoid the new tax imposed in the long-running US – China … 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
After four years of implementation of resolutions 19-2016/NQ-CP, 19-2017/NQ-CP, 19-2018/NQ-CP of the Government, business environment and competitiveness of Vietnam have continuously improved. According to the research, in 2017, the business environment, enhance competitiveness has achieved positive results; National competitiveness increased 5 levels compared to 2016 (increased from 60/138 to 55/137); business environment increased 14 levels … Read more
China is one of the big investors that has invested and set up business in Vietnam in recent years. Although China is one of the investors with the highest amount of capital, however, investment capital inflows from China to Vietnam are still limited and cautious. According to data from the Foreign Investment Department, accumulated until … Read more
Being recognized as a market economy by 69 countries will create opportunities for Vietnam to attract investment and trade, encourage foreign investors to set up business in Vietnam. Since joining the World Trade Organization (WTO) in 2007, Vietnam has been recognized by 69 countries as having a market economy. This is really important, meaning that … Read more