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foreign manufacturers
Update news foreign manufacturers
With the novel coronavirus pandemic and trade tensions driving the shift of production lines from China to Southeast Asia, Vietnam, in particular, seems to have emerged as an attractive destination for investors and manufacturers alike.
Race to be +1
Vietnam is in the sights of many foreign manufacturers keen to move production away from China as US tariffs begin to rise.
Foreign manufacturers use foreign parts suppliers to avoid tax: Analysts
Foreign automobile and electronics manufacturers
often choose foreign enterprises for their parts and accessory suppliers
instead of Vietnamese companies because it allows them to engage in
transfer pricing, some analysts have claimed.
Automobile market picks up steam
VietNamNet Bridge – The latest sales figures confirm that despite
lingering market difficulties, sales of domestic automakers continue to
grow with Toyota, Thaco and Ford outperforming foreign manufacturers in
recent months.
Foreign manufacturers fear taxation on fizzy drinks
VietNamNet Bridge – The Ministry of Finance’s attempt to impose
the 10 percent luxury tax on carbonated soft drinks is facing strong
outcries from foreign manufacturers, who believe that the tax is unfair
and aimed at them.
Vietnamese now favor large capacity motorbikes
VIetNamNet Bridge - More foreign motorbike manufacturers flock to
Vietnam. The driving license policy has been loosened. Vietnamese now
have more opportunities to possess large capacity motorbikes.
