factory

Update news factory

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.

Rang Dong to relocate factory to Hoa Lac High-Tech Park

Rang Dong plans to relocate its existing facility to Hoa Lac High-Tech Park to manufacture LED lights with the total investment of $34.78 million.

Many foreign companies move factories to Vietnam: Savills

Many companies are moving their factories from other countries to Vietnam, showing the potential for strong development of industrial real estate, according to Savills Vietnam.

BUSINESS IN BRIEF 15/8

 Renewing procedures for FDI attraction; US imposes import duty on Vietnamese shrimp; Deals worth 17 bln VND inked at EWEC fair; Money supply rises 5.3% in H1

BUSINESS IN BRIEF 1/7

 Inquiry launched into tax-free car scam; Inquiry launched into tax-free car scam; Snail-paced projects revoked in Quang Ngai; Firms told not to rely on banks; Banks push bad debt reforms

BUSINESS IN BRIEF 12/5

 Used-car taxes to rise up to $800; VND30-trillion real estate bailout to take effect; Vietnam goods ‘need more support'; More electricity to national grid

BUSINESS IN BRIEF 21/4

Trade deficit hits US$547 million in March; Bilateral trade with India up 40.2pct; Challenges for Vietnamese exports; Instalment plans take advantage of Vietnamese consumers; Up-market housing remains empty

14 bodies recovered after Texas blast

Two days after a massive fertilizer plant fire and explosion leveled parts of their town and killed 14 people, began moving into recovery mode Friday after investigators announced they had nearly finished search and rescue efforts.

Vietnamese companies try to make money with garbage

While a lot of paper plants have to cut down the productivity or stopped operation because of the high inventories, other companies have to gear up their production to satisfy the market demand.

Thousands of bachelors employed as workers at Da Nang’s factory

The Poster Da Nang Electronic Co. Ltd has nearly 1,000 bachelor degree holders who work as normal workers. This is just a single example demonstrating the shortcomings and imbalance of the current human resource training in Vietnam.

BUSINESS IN BRIEF 2/3

Vietnam – a major trade partner of Malaysia; Cashew exports likely to remain stable; Rising exports help boost trade surplus; Milk prices boil over after Tet; PM: Retail petrol prices remain unchanged

BUSINESS IN BRIEF 23/2

Credit growth negative for last two months; Economy faces risk of further lagging; VND800 bil. for Truc Lam Yen Tu; Fuel firms still reporting losses; Petrolimex speeds up restructuring

BUSINESS IN BRIEF 7/2

Mekong Delta’s tra fish exports aim for US$2 bil; 2013 predicted to open up prospects for Vietnamese goods; Starbucks plans more Vietnamese coffee purchases; Exports to ASEAN region increase 25.7 pct in 2012