13 Powerful Ways Nike Factories in Vietnam Are Transforming Communities and Boosting the Economy

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

Da Nang – Boras (Sweden) cooperates in the field of science education

Set-up company in Da Nang

On the afternoon of January 15th, 2021, the People’s Committee of Da Nang City in collaboration with the city government of Boras (Sweden) organized an online seminar on the UN’s sustainable development goals to 2030, within the framework of the project “Scientific education for sustainable development in Da Nang” cooperation between Da Nang and Boras. … Read more

Series of Big Technology Companies Shifted Production to Vietnam

Technology Companies Shifted Production to Vietnam

LG, Panasonic or Foxconn – Apple suppliers… are planning to set up factory in Vietnam to expand investment, production chains in Vietnam after Covid-19. According to a 6-month industrial production report by the Ministry of Industry and Trade, some of the world’s big technology corporations are planning to shift production and investment chains to Vietnam. … Read more

Panasonic Moved Its Factory from Thailand To Vietnam

Set-up factory in Vietnam

Panasonic will close a large factory outside Bangkok – Thailand early this fall and move production to set up factory in Vietnam to get better production efficiency. Specifically, according to Nikkei, Panasonic’s factory in Bangkok will stop producing washing machines in September 2020 and refrigerators in October 2020. The plant itself will be closed in … Read more

Sharp Plans to Build A New Factory in Vietnam, Operating in 2020

Set up Factory in Vietnam

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