China
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Why More Goods Will Be Labeled ‘Made in Vietnam’
October 20, 2015. In Long An, Vietnam, a large rural span south of Ho Chi Minh City, huge factories have been planted and have started manufacturing goods for Western companies like sportswear maker Nike Inc. Companies like this are taking advantage of the young workforce and extremely cheap wages in Vietnam, which are about half
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Vietnamese Economy has the World’s Attention
November 15, 2015. Among some other emerging economies, Vietnam is quickly becoming one of the few who can maintain their growth with some great economic achievements, as rated by the Financial Times. It has had some strong import/export activities while also diversifying their export products across goods such as textiles, oil, seafood, and mobile phones/computers.
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Vietnam and China Resolve the South China Sea Dispute
November 7, 2015. Vietnam and China have found peace in the South China Sea after Chinese President Xi Jinping visited Vietnam. Despite conflicts in the South China Sea due to a US naval ship sailing in disputed waters, China and Vietnam have agreed to be at peace with one another. They both agreed to refrain from
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Vietnam Allows Japanese Warship to Visit
November 10, 2015. Resulting from an agreement made on November 6, 2015, Japanese ships will be able to make port calls next year to a Vietnamese naval base along the South China Sea. Hanoi is currently constructing a facility for foreign ships in Cam Ranh Bay, which will be open next year for Japanese ships
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TPP’s Biggest Winner Candidate: Vietnam
October 8, 2015. Vietnam’s economy, which is heavily reliant on exports, may be the biggest winner of the Trans-Pacific Partnership (TPP). This Pacific trade deal, which reached a final agreement on October 5, 2015, eliminates about 18,000 tariffs between the 12 countries that are involved. Vietnam, whose largest trading partner is China, is trying to
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Prosperous Vietnam
October 28, 2015. As the costs in China rise, investors are taking advantage of the low cost manufacturing boom in Vietnam. Although China’s exports have dropped almost 6% in the third quarter, Vietnam’s exports have shot to almost 11%. This has caused stocks in Ho Chi Minh City to rise 10% in 2015, which makes
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Nike’s Potential in Vietnam
October 6, 2015. Vietnam is expected to be the biggest beneficiary from the 12- nation Trans-Pacific Partnership (TPP), which accounts for more than a quarter of global trade. According to the World Bank, Vietnam is the only member of TPP that is considered “lower middle income,” which will particularly benefit the Vietnamese manufacturing sector. China,
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IMAX Planning Expansion into Vietnam
February 11, 2015. Vietnam’s status as an emerging market and hotspot for economic growth has not been lost on IMAX. The Toronto-based company has partnered with Korean media group CJ CGV to evaluate opportunities for expansion in Asia. IMAX intends to start off by bringing two of its trademark large screens to Vietnam with the
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Foreign Investments Growing in Vietnam
October 8, 2015. Intel started it all in Vietnam when it opened a semiconductor factory there nearly a decade ago and says that its factory, the largest American investment in Vietnam, is “steadily rising up the value chain”. As one of 12 countries in the Trans-Pacific Partnership (TPP), Vietnam will be able to ship products
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Logistics – Still Adolescent but Growing Up Fast
September 11, 2015. Still Adolescent But Growing Up Fast Vietnam’s USD 50-60 billion logistics industry is growing fast but is still in the early stages of development. The sector has been growing at ~20% per year and is expected to sustain double-digit growth for at least the next 5-10 years. Most Vietnamese logistics players are
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