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NEWS TAGGED VIETNAM
Monday 18 October 2021
Southeast Asia roundup: Samsung, Intel to restore full production in Vietnam in November
Children in the US and Europe are going to miss a pair of NIKE shoes for Christmas this year as manufacturing activities in Vietnam are lagging due to COVID. Consumer electronics...
Monday 18 October 2021
COVID fears send 1.3 million workers fleeing Ho Chi Minh City in 3Q21
The pandemic has caused Vietnamese workers to flee the city of Ho Chi Minh. About 1.3 million people left for their hometown in the third quarter due to the pandemic, according to...
Friday 15 October 2021
Vietnam-based unicorn VNG in no hurry for IPO
VNG, the first Vietnam-based unicorn that operates mobile communication App, online games, e-commerce, and cloud computing services, in 2017 signed an MoU with Nasdaq but has not...
Thursday 14 October 2021
Top investment opportunities in Asia: Q&A with Christine Tsai CEO and founding partner at 500 Global
Having co-founded 500 Startups (later rebranded to 500 Global) in 2010, Christine Tsai (CT), CEO and founding partner of the company started out with a very different strategy from...
Tuesday 12 October 2021
Panasonic to start production at new plant amid labor shortage in Ho Chih Min City
After locking down for nearly three months, Ho Chih Min City is finally seeing some of the restrictions slack up this month. But what comes with the reopening is a severe labor shortage...
Tuesday 12 October 2021
Southeast Asia roundup: Vietnam reopens after 3Q21 GDP fell by 6.17%
American clothing brands are seeing delayed production ahead of end-of-the-year shopping season because of reduced production in Vietnam, which logs the biggest quarterly fall in...
Friday 8 October 2021
Samsung reportedly to build additional ABF substrate capacity
Samsung Electro-Mechanics (SEMCO) reportedly plans to install a new production line for ABF-based flip chip ball grid array (FCBGA) substrates at its factory site in Vietnam, with...
Friday 8 October 2021
Taiwanese companies triple investment in ASEAN
Taiwanese companies are investing in ASEAN more than in China this year. From January to August this year, investment in ASEAN countries has nearly tripled, compared to the same period...
Tuesday 5 October 2021
Companies moving orders from Vietnam to China amid COVID-19
Many enterprises have shifted their orders or some production capacities from Vietnam to China amid COVID-19 lockdowns in the Southeast Asian country, according to a Vietnamese report...
Tuesday 5 October 2021
SE Asia startup Carousell becomes unicorn
Singapore's second-hand shopping site Carousell Group has raised US$100 million in the latest round of fundraising, led by South Korea-based private-equity firm STIC Investments.
Monday 4 October 2021
Southeast Asia roundup: LGES and Hyundai to produce EV batteries in Indonesia
After being hit hard by the resurgence of COVID this year, Vietnam is gradually resuming manufacturing and social activities. Other countries in the region are expecting higher smartphone...
Monday 4 October 2021
SPACs drive M&A deals in Asia, says UBS
Mergers and acquisitions (M&A) in Asian countries (excluding Japan) during the first half of 2021 reached the second highest in history with a 69.6% year-on-year increase in value...
Wednesday 29 September 2021
Vietnam's first unicorn VNG delays IPO plan
VNG is the first Vietnamese company ever to achieve unicorn status, with a valuation of more than $1 billion. The gaming industry leader in Vietnam has not taken any actions after...
Wednesday 29 September 2021
Vietnam FDI affected by COVID
At the early stage of the pandemic, Vietnam welcomed US$16 billion in foreign direct investment (FDI) as manufacturers quickly shifted from China to Vietnam. But Vietnam's COVID outbreak...
Friday 24 September 2021
Vietnam forecasts one million EVs by 2028
With its huge population of 100 million people, Vietnam has the potential to have more than one million electric vehicles (EV) by 2028 and 4.5 million EVs by 2050, according to Vietnam...