electronics

Update news electronics

FDI firms still dominate electronics shipments

Foreign direct investment (FDI) firms still dominated electronics shipments to foreign markets in the first quarter of 2021, accounting for a whopping 95% of the total revenue from electronics exports,

Electronics conglomerates hoping for further incentives

Vietnam’s attraction of overseas electronics and technology conglomerates cannot be overlooked. 

Vsmart phones surpass Apple in retail

For the first time since launching in the market, Vsmart has surpassed Apple in retail revenue.

Thailand’s Central Group completes acquisition of Nguyen Kim

After five years of holding a 49% stake in Nguyen Kim Trading JSC, Thailand’s Central Group has now taken full control of the local firm's home appliance store chain, as confirmed in its recent financial reports.

 

Japan actively involves in drafting Vietnam’s industrialization strategy

Foreign investment in six priority industries under the industrialization strategy accounted for 27% of total registered capital in Vietnam from 2013 to March 2019, focusing on electronics, automobiles and energy saving.

Vien Thong A changes name to VinPro

The website and facebook page of Vien Thong A has officially been renamed to VinPro, Vingroup’s retail brand for high-tech products.

Profit drop may hamper Sharp Corporation new factory plans in Vietnam

The decrease of net profit in the period between April and September may impact the plans of Sharp Corporation to develop a new factory in Vietnam.

How will Vietnam’s electronics industry progress in the next decade?

VietNamNet Bridge - To be able to take full advantage of the opportunities in the digital economy, Vietnam needs a reasonable long-term development strategy for the electronics & IC industry.

What is the status of Vietnam’s electronics firms?

The domestic market is being dominated by foreign brands, but Vietnam-made products are still available, targeting low-income earners.

Vietnam businesses excluded from global value chains

Vietnamese businesses cannot squeeze into foreign conglomerates’ global production chains, even though they can make products satisfying requirements by importers in developed countries.

HCM City to host exhibitions on ICT, broadcasting, electronics

 More than 300 units from 20 countries and territories worldwide have registered to participate in the Vietnam ICT COMM slated for June 7-9 in Ho Chi Minh City. 

Vietnam ranks 12th globally in electronic exports

VietNamNet Bridge - Vietnam’s electronics industry has been growing very rapidly over the last few years, playing an increasingly important role in the country’s industrial production.

BUSINESS IN BRIEF 23/6

HCM City sees strong economic growth in first six months, Startup exchange called not feasible, 30 million USD poured in domestic wood company, Exports of computers, electronics, spare parts see strong growth

BUSINESS IN BRIEF 10/4

 BMW World Expo to be held in Hanoi, Excise taxes on car imports adjusted, Elderly foreigners keen on Vietnamese housing, Electronics, refrigeration retail to make gains, M&A information to be released

Thai businessman’s compliment makes Vietnamese sad

VietNamNet Bridge - A comment from a Thai businessman that Vietnam is striving to reach the Number 1 position in the ASEAN electronics industry has stirred up the public.

Vietnam to become electronics production capital of the world

 VietNamNet Bridge – A number of the largest global technology groups have set up their factories in Vietnam, giving many reason to believe that Vietnam is destined to become the world’s major electronics production base.

Half-way policies make Vietnam’s supporting industries pale

A lot of mistakes were made in the past, leading the failure of the plans on the development of many key industries. The supporting industries, therefore, cannot grow up.