The manufacturing sector in October saw significant expansion for the first time in five months as firms ramped up production to meet rising export orders spurred by the COVID-19 pandemic gradually coming under control, experts said.
Great opportunity for Vietnam's semiconductor industry
The scarcity of chip supply that began in late 2020 has affected most manufacturing industries.
May 2020 manufacturing continues to fall, but at much reduced rate
Vietnam's manufacturing sector still felt the effects of COVID-19 in May, although contraction was softer than in April as the virus was brought under control.
Vietnam’s manufacturing drops to record low in March due to pandemic
The Vietnam Manufacturing Purchasing Managers' Index (PMI) fell sharply to 41.9 in March from 49.0 in February, a survey by IHS Markit and Nikkei released on April 1 showed.
COVID-19 outbreak to accelerate relocation wave from China to Vietnam
While COVID-19 will have a negative impact on Vietnam's economic growth in 2020, it will boost the relocation of manufacturing facilities from China to Vietnam.
Investors dive into VN supporting industries
The local supporting industries have seen positive movements after Vietnam has more thoroughly embraced its diverse new-generation free trade agreements.