Driven by the lowest rate of car ownership among Southeast Asian peers, the advantages from numerous current and potential free trade agreements, the ongoing US – China trade war and the Government’s success in containing the COVID-19, Vietnam’s automobile industry is expected to expand rapidly.
When choosing to move part of their production line out of China to minimize risks, most of the world’s leading CCE manufacturing companies choose Vietnam as a priority thanks to its geographical advantages, qualifications, and attractive domestic market.
Biggest greatest advantages of establishing electrical equipment (EE) factories in Vietnam is the growing domestic demand while domestic production capability is limited.
The following article will provide readers insight about different industrial zones in Binh Duong, the province’s favorable geographic conditions and the location of different BW projects in this industrial hotspot.
As reported by Ministry of Planning and Investment, Vietnam has 260 active industrial parks in three key economic zones, including the NKEZ (Northern Key Economic Zones), CKEZ (Central Key Economic Zones) and SKEZ (Southern Key Economic Zones).
Like other countries, Vietnam’s building materials industry is experiencing a slowdown due to the impact of COVID-19 and consumers cutting back on spending.
A firm foundation in mining and producing raw materials supports Vietnam widening its value chains and fields of industrial applications such as advanced building materials, advanced electronic materials, special advanced electric cable materials, new advanced textile materials and advanced leather plastic packaging materials, among others.
This article will provide investors with an overview about Vietnam’s political system and a general understanding of what authorities they should work with to establish a company in Vietnam.
The following article will discuss the reasons why added-value from the textile and garment industry to local enterprises is still moderate despite tremendous export turnover in recent years, in addition to the future advantages of investing in the textile and dyeing industry for foreign businesses.
A certificate of origin (C/O) in Vietnam is an important document that allows exporters to enjoy certain tax incentives and/or other preferential treatment. This document is needed for the increasing wave of production lines transferring from China to Vietnam.
The process of finding a suitable location for business establishment, different legal procedures in each country and the time it takes to build a factory may have a significant impact on the operation of an enterprise.
The trade tension that is stretching into its fourth year has fostered a wave of shifting production to countries outside of China.
According to the Ministry of Planning and Investment, as of October 2020, there were 369 industrial zones (IZs) (including IZs located in economic zones) established in 61 of Vietnam’s 63 provinces and municipalities with a total land area of nearly 114,000 ha. IZs and export processing zones (EPZs) are distributed mainly in three key economic regions in southern, central and northern Vietnam.
“Vietnam’s outlook is one of the brightest in Asia,” according to UBS economist Mr. Edward Teather. Indeed, per the General Statistics Office of Vietnam, the country was remarkably experienced positive growth of 2.91% in 2020 despite the impact of the coronavirus pandemic.
Driven by the lowest rate of car ownership among Southeast Asian peers, the advantages from numerous current and potential free trade agreements, the ongoing US – China trade war and the Government’s success in containing the COVID-19, Vietnam’s automobile industry is expected to expand rapidly.
When choosing to move part of their production line out of China to minimize risks, most of the world’s leading CCE manufacturing companies choose Vietnam as a priority thanks to its geographical advantages, qualifications, and attractive domestic market.
Biggest greatest advantages of establishing electrical equipment (EE) factories in Vietnam is the growing domestic demand while domestic production capability is limited.
The following article will provide readers insight about different industrial zones in Binh Duong, the province’s favorable geographic conditions and the location of different BW projects in this industrial hotspot.
As reported by Ministry of Planning and Investment, Vietnam has 260 active industrial parks in three key economic zones, including the NKEZ (Northern Key Economic Zones), CKEZ (Central Key Economic Zones) and SKEZ (Southern Key Economic Zones).
Like other countries, Vietnam’s building materials industry is experiencing a slowdown due to the impact of COVID-19 and consumers cutting back on spending.
A firm foundation in mining and producing raw materials supports Vietnam widening its value chains and fields of industrial applications such as advanced building materials, advanced electronic materials, special advanced electric cable materials, new advanced textile materials and advanced leather plastic packaging materials, among others.
This article will provide investors with an overview about Vietnam’s political system and a general understanding of what authorities they should work with to establish a company in Vietnam.
The following article will discuss the reasons why added-value from the textile and garment industry to local enterprises is still moderate despite tremendous export turnover in recent years, in addition to the future advantages of investing in the textile and dyeing industry for foreign businesses.
A certificate of origin (C/O) in Vietnam is an important document that allows exporters to enjoy certain tax incentives and/or other preferential treatment. This document is needed for the increasing wave of production lines transferring from China to Vietnam.
The process of finding a suitable location for business establishment, different legal procedures in each country and the time it takes to build a factory may have a significant impact on the operation of an enterprise.
The trade tension that is stretching into its fourth year has fostered a wave of shifting production to countries outside of China.
According to the Ministry of Planning and Investment, as of October 2020, there were 369 industrial zones (IZs) (including IZs located in economic zones) established in 61 of Vietnam’s 63 provinces and municipalities with a total land area of nearly 114,000 ha. IZs and export processing zones (EPZs) are distributed mainly in three key economic regions in southern, central and northern Vietnam.
“Vietnam’s outlook is one of the brightest in Asia,” according to UBS economist Mr. Edward Teather. Indeed, per the General Statistics Office of Vietnam, the country was remarkably experienced positive growth of 2.91% in 2020 despite the impact of the coronavirus pandemic.
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