Foreign funds tend to pour a great deal of money into Vietnamese startups with novel ideas. However, there are still some hurdles to ensure the country becomes a big magnet for overseas investment into startups. Last week, Next100, an early-stage startup fund worth $10 million by NextTech Group, was introduced into Vietnam’s market, marking a significant […]
Read MoreThe central province of Thua Thien-Hue works to attract more investment – Thua Thien Hue is regarded as a rendezvous for investors thanks to its central geographical location, a fairly complete and convenient communication and infrastructure system. The central province of Thua Thien-Hue will continue accelerating administrative reform to facilitate investors’ operation, while strengthening support […]
Read MoreSharp Corporation, a Japanese-Taiwanese multinational corporation designing and manufacturing electronic products, announced plans to remove its facility from China to Vietnam in order to avoid the impacts of the US-China trade war. Notably, Sharp announced it has scrapped plans to produce displays for the US market in China and will instead build a new plant in […]
Read MoreThe 2019 Vietnam Artificial Intelligence Day (AI4VN), scheduled to take place on August 15 and 16 in Hanoi, is expected to attract many leading global experts in the area. According to Deputy Minister of Science and Technology Bui The Duy, AI4VN aims to promote AI development in Vietnam via connecting members of the ecosystem like […]
Read MoreThank the Trade War – No country on earth has benefited from President Trump’s trade fight with China more than Vietnam. The country’s factories have swelled with orders as American tariffs cause companies to reconsider making their products in China. Now, more big technology firms are looking to bulk up their manufacturing operations in Vietnam, lifting the ambitions of […]
Read MoreBinh Duong Province has obtained this year’s foreign direct investment (FDI) attraction target, with nearly US$1.45 billion pledged in the southern province during the January-June period, soaring 70% year-on-year and exceeding the entire year’s goal by 3.5%. Speaking at a dialogue with Korean businesses held today, July 30, Nguyen Thanh Truc, director of the Department […]
Read MoreMakino opens Vietnam Technical Center to strengthen the company’s customer care in Vietnam. Machine tool and solutions provider Makino recently announced the official opening of the Makino Vietnam Technical Center in Ho Chi Minh City. Located at the Saigon High Tech Park on 4,700 sq m, the two-story technical center, built with an investment of […]
Read MoreHow a smart factory actually works – At a manufacturing plant in Germany, machines produce millions of Programmable Logic Controls (PLCs) that automate machinery – from ships, automobiles, and farm equipment to entire production centers around the world. The output of customized products manufactured at the plant is 99.99885% defect-free. In the example of the […]
Read MoreThe EU-Vietnam Free Trade Agreement is expected to bring about a slew of new opportunities for small and medium-sized enterprises when the pact comes into force with the elimination of tariff lines and other obstacles facing Vietnamese exports to the European market. The remark was highlighted at a workshop jointly held by the Ministry of […]
Read MoreIndian tech giant will set up an information technology center in Vietnam- Indian multinational information technology (IT) service and consulting firm Hindustan Computers Limited (HCL) plans to establish an IT center worth US$650 million in Ho Chi Minh City, in a bid to train and recruit some 10,000 engineers within the next five years. The […]
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