Vietnam is one of three ASEAN countries with the lowest labor costs, based on the current minimum wage of US$132~190 per month, according to Viet Dragon Securities Company (VDSC).

Pegatron has bought a piece of land in Vietnam for about VND528.92 billion (US$22.9 million) to build a new plant, which will be ready for production later in 2021, according to industry...

Almost 55% of foreign-invested enterprises in Vietnam posted losses totaling VND131.4 trillion (US$5.7 billion) in 2019, according to information released by the country's Ministry...

Vietnam is looking to become an industrialized country in the next 10 years, after failing to achieve it in 2020 as it had previously vowed.

Total value of Vietnam's top-50 most valuable brands has gone up 28% this year, growing from US$18.8 billion in 2019 to US$26.1 billion in 2020, according to Brand Finance.

Taiwan-based chip resistor specialist Ta-I Technology will invest a total of US$12 million in the establishment of a production subsidiary in Vietnam, according to a resolution approved...

The output value of Vietnam's handset and related component industry came to US$46.9 billion in the first 11 months of 2020, accounting for 18.4% of the country's total export value...

Although manufacturers may feel less compelled than before to relocate their production out of China, now that Donald Trump is leaving the White House, they will carry on with their...

Pegatron is on track to step up its investment in India, according to company chairman TH Tung, despite a riot at a Wistron plant in the country.

Taiwanese companies in the upstream supply chain are having mixed attitudes about relocating their capacities to Southeast Asian countries such as Vietnam, India and Thailand, amid...

Industrial computing solution provider Advantech has disclosed its Vietnam-based subsidiary has signed an agreement with VinBus Ecology Transport Services, an electric bus service...

The number of FinTech startups in Vietnam has almost tripled from 44 to 121 between 2017 and 2020, with 31% of them operating in payments, according to a report released by Fintech...

Backend houses Xintec and ShunSin Technology have both enjoyed strong orders for processing 3D sensing components and 5G power amplifier modules with SiP technology, respectively,...

Backend house ShunSin Technology, a subsidiary of Foxconn Technology, is set to start commercial production at its new plants in Vietnam 2021, mainly to fulfill orders from US clients,...

Demand for industrial automation and smart manufacturing in Vietnam has been growing fast due to surging foreign investment in the country's manufacturing sector, according to industry...