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It is true that some companies in China have moved production bases from China to neighbouring countries due to the US-China trade disputes or COVID-19. This trend has been seen as “China plus 1” for more than 10 years, that is due to the increase in labour costs and other costs in China. I think there are some cases, which the US-China trade disputes and/or COVID-19 supported the movement of “China plus 1”. … [Read more...] about New Japanese gov’t likely to continue Abe’s policy for Viet Nam: JETRO economist

Building and developing smart cities are a new trend in the world and deployed in many countries. In Viet Nam, towards the goal of green growth, sustainable development and improving smart cities, Prime Minister Nguyen Xuan Phuc on August 1, 2018, issued Decision 950 approving a project for sustainable smart city development. … [Read more...] about Viet Nam Smart City Award 2020 launched

Statistics from the General Department of Viet Nam Customs show there are a total of 17,723 cars being exported from Indonesia to the Viet Nam in the first seven months of this year. Meanwhile, cars imported from Thailand reached 19,944 units. … [Read more...] about Viet Nam imported 53,000 CBU cars in 8 months

Viet Nam always welcomes Japanese firms to expand investment in infrastructure, energy, manufacturing, high-quality agriculture, information technology, smart urban development, financial and banking services and innovation-based start-ups, as well as in joining the equitisation of State-owned enterprises as strategic partners, according to the Prime Minister. … [Read more...] about Prime Minister welcomes Japanese firms’ investment in Viet Nam

In the context that global FDI is likely to decline by 40 per cent in 2020, Viet Nam is looking relatively positive having attracted total registered capital of nearly US$20 billion in the first eight months of the year, with new capital increasing by 6.6 per cent and additional capital by 22.2 per cent. … [Read more...] about Viet Nam urged to improve infrastructure to attract more FDI