Smart factories can help improve productivity, product quality and production management, while enabling businesses to participate more deeply in global supply chains, experts and enterprises said at a conference in Ho Chi Minh City on October 21.
The Republic of Korea (RoK)’s KP Aero Industries will start building a 20,000sq.m factory with an investment of 480 billion VND (20 million USD) at the central city’s Da Nang Hi-Tech Park, to produce and supply various parts for the aircraft industry.
Vietnamese auto maker VinFast on July 28 held a groundbreaking ceremony of its electric vehicle factory in North Carolina, marking an important step in the company's strategy to expand its market, develop its global electric vehicle brand and become self-sufficient in its supply in North America.
Kurz International Holdings GMBH from Germany held a groundbreaking ceremony to build a thin film factory at the Becamex Vietnam-Singapore Industrial Park (VSIP) in the south central province of Binh Dinh on May 24.
In order to bring the country into a new normal, Laos has begun to allow garment factories that meet COVID-19 prevention and control requirements to resume operations.
The UK’s Dunlop Aircraft Tyres plans to build a factory in Karawang, Indonesia’s West Java province, with total investment of 1 trillion IDR (70.92 million USD).
Many companies are moving their factories from other countries to Vietnam, showing the potential for strong development of industrial real estate, according to Savills Vietnam.
The Department of Overseas Labour Management under the Ministry of Labour, Invalids and Social Affairs has directed the arrangement of jobs for over 160 Vietnamese workers who lost their jobs due to a blaze that broke out in a factory’s dormitory in Taoyuan city, Taiwan (China) on April 28.
Zinc Oxide Corporation Vietnam JSC began construction of a 120-million-USD steel furnace dust recycling factory at Phu My 3 Industrial Park in southern Ba Ria – Vung Tau province on January 23.
Tsuchiya TSCO Vietnam Co., Ltd has entered a land lease contract with Thang Long Industrial Park (TLIP III) in the northern province of Vinh Phuc to set up a 10-million-USD facility.
Sweden-based food packaging and processing company Tetra Pak started the construction of its plant at the Vietnam-Singapore Industrial Park II in the southern province of Binh Duong
The Lavifood Joint Stock Company held a ground breaking ceremony for its agricultural product processing factory in Go Dau district of the southwestern province of Tay Ninh on May 2.
Japan’s Meitoku Engineering Co., Ltd put into operation a factory producing and assembling industrial machines at the Dong Van II Industrial Zone in the northern province of Ha Nam on September 28.
Two support industry projects from the Republic of Korea, worth 112 million USD in total, were authorised to land in the Saigon Hi-Tech Park (SHTP) in Ho Chi Minh City on December 17.
Republic of Korea-based Samsung Electronics is considering building a home appliances factory in Myanmar, efforts to seek new manufacturing facilities to cut labour costs and improve efficiency.
A food processing and beverage factory invested by an enterprise from the Republic of Korea (RoK) will start operations in the third quarter of 2016 in Yen Phong Industrial Park in Bac Ninh province.
