Electronics export bounces back impressively
Electronics export has witnessed vigorous recovery, posting double-digit growth over seven and a half months and expected to hit 130 - 132 billion USD in 2024.
Hanoi to host int’l exhibition on electronic components, smart manufacturing
An international exhibition on electronic components and smart manufacturing - Global Electronic Intelligent Manufacturing Show - Vietnam (GEIMS Vietnam) will be held in Hanoi from November 28-30.
FDI into electronics should promote local companies
Foreign direct investment (FDI) into electronics should aim to promote local companies and enable them to engage in the global value chain, industry insiders have said.
Support industries called to get a move on
Businesses in support industries need to further improve their functioning and establish close ties with each other and official agencies to enter multinational supply chains, delegates told a forum in HCM City on August 23.
FDI firms make almost 100% of exported cellphones, components
Vietnam produced 34.3 billion USD worth of cellphones and components for export in 2016, 99.8 percent of which made by FDI firms. Low local content ratio in manufacturing may hold back the economy.
Vietnam’s support industry viewed as boasting huge potential
Chief Representative of the Hanoi Office of the Japan External Trade Organisation (JETRO) Kitagawa Hironobu said Vietnam’s support industry has huge potential.