MoIT expects strong growth for electronics industry Business

MoIT expects strong growth for electronics industry

The electronics industry will continue posting strong growth this year thanks to the strong demand for devices for communications and remote work amid the COVID-19 pandemic, the Ministry of Industry and Trade (MoIT) forecast.
Thai manufacturing sector hit by COVID-19 World

Thai manufacturing sector hit by COVID-19

Thailand’s Industry Ministry has said that COVID-19 has spread to the manufacturing sector at a worrying rate of 13 infected factories a day, with the food and electronics industries at the top of the caseload table.
MoU inked for enhanced capacity of support industry firms Business

MoU inked for enhanced capacity of support industry firms

Toyota Motor Vietnam Co., Ltd. and the Ministry of Industry and Trade’s Industry Agency on May 17 signed a memorandum of understanding (MoU) on their cooperation project to improve the capacity of domestic enterprises operating in supporting industries and strengthen their linkages with automobile assemblers.
Vietnam textile industry combats pandemic with PPE switch: Forbes Business

Vietnam textile industry combats pandemic with PPE switch: Forbes

A surge in demand for personal protective equipment (PPE) from the manufacturing sector in Vietnam due to COVID-19 pandemic, along with the orders that flowed in from around the world helped to buoy the country’s important garment-making industry with many manufacturers rejigging their facilities to produce PPE, said an article on the forbes.com website.
Supporting industry firms to get interest rate subsidy Business

Supporting industry firms to get interest rate subsidy

Companies in the supporting industry will get an interest rate subsidy from next year in an effort to promote the development of the part-supply industry, said Pham Tuan Anh, Deputy Director of the Industry Agency under the Ministry of Industry and Trade.
More reforms needed in construction procedures Business

More reforms needed in construction procedures

More drastic reforms of construction-related administrative procedures must be carried to improve transparency and reduce costs for enterprises, heard a conference organised by the Vietnam Chamber of Commerce and Industry (VCCI), the Ministry of Construction and the Friedrich Naumann Foundation in Hanoi last week.
Thailand encourages use of electric vehicles World

Thailand encourages use of electric vehicles

The Industry Ministry of Thailand is pushing ahead with its ambitious plan to bring prices of electric vehicles (EVs) closer to those of traditional fuel-powered cars by reducing the import duty on auto parts used to assemble EVs in the country. ​