Apple supplier Foxconn has signed a $300 million memorandum of understanding with Vietnamese developer Kinh Bac City to expand its facility in the north of the country to diversify and boost production, state media said on Saturday.

Samsung Electronics has scaled back production at its massive smartphone plant in Vietnam, employees say, as retailers and warehouses grapple with rising inventory amid a global fall in consumer spending.

Apple has told some of its contract manufacturers that it wants to boost production outside China, citing Beijing's strict anti-Covid policy among other reasons, people involved in the discussions said.

Despite multiple COVID-19 resurgences, offline channel disruptions due to restrictions and sustained component shortages affecting OEMs, key SEA countries (Indonesia, Thailand, Philippines and Vietnam) saw a 5% YoY growth in smartphone shipments in 2021, according to Counterpoint Research. At 96 million units, the 2021 shipments were the highest ever for a calendar year and more than the pre-pandemic levels.

Amkor Technology has announced plans to build a state-of-the-art smart factory in Bac Ninh, Vietnam. The first phase of the new factory will focus on providing advanced SiP assembly and test solutions to the world's leading semiconductor and electronic manufacturing companies.

Vietnam is asking Samsung Electronics and other foreign companies to find Covid-19 vaccines for their workers as the nation grapples with a virus surge, the government website reported.

Vietnam has awarded a licence to South Korea's LG Display to raise its investment in the country's northern port city of Haiphong by $750 million to $3.25 billion, local media reported on Monday.

Having sidestepped the worst of the coronavirus pandemic so far, Vietnam aims to rev up its economy over the next five years, trusting on its custom-tooled mix of free trade deals, privatisation and tight COVID-19 curbs.

LG Electronics reportedly wants to sell off its smartphone business to Vietnam's Vingroup Co.

Vietnam on Monday awarded a licence to a unit of Taiwan's Foxconn Technology Co Ltd to build a $270 million plant to produce laptops and tablets, the Vietnamese government said.

Hackers have inserted malware inside an app offered for download by the Vietnam Government Certification Authority (VGCA).

Vietnam and the UK concluded a free-trade agreement that will see 99% of tariffs between the two countries eliminated after seven years.

The US fight with China may change where your devices come from.

Vietnam's leader has asked Lee Jae-yong, the de facto leader of South Korea's top conglomerate Samsung Electronics, to make an investment in building a semiconductor plant in the country, according to news reports by Vietnamese media on Wednesday.

Samsung might be planning to make additional investments in Vietnam and increase its smartphone production capacity in the country.

Samsung Electronics is planning to shift much of its display production from China to Ho Chi Minh City this year, Vietnamese state media reported on Friday, although the South Korean tech giant said those reports were untrue.

Amid COVID-19 restrictions and lockdowns, companies all around the world are facing supply chain-related issues. However, Samsung employees are being given special permission to visit Vietnam.

Samsung Electronics has started building a $220 million research and development center in Vietnam, the South Korean tech giant's local unit said on Monday.

Vietnam will quarantine all arrivals from South Korea to guard against the new coronavirus, the Southeast Asian country said Friday, a policy move sure to hamstring the operations of South Korean corporate giants like Samsung Electronics that have a heavy presence in the nation.

Starting with Pixel 3A phones as early as this year

Apple is about to start trial production of its popular AirPods wireless earphones in Vietnam as the company accelerates plans to diversify manufacturing of its consumer electronics lineup beyond China, Nikkei Asian Review has learned.

The iPhone assembler said earlier this year that the Sino-US trade spat was the biggest challenge it is facing, and its high-level managers were making plans to counter the impact

Vietnam is among a list of countries that Taiwanese tech-company ASUS is considering for the relocation of its Chinese production capacities, due to high tariffs imposed by the US on China-made goods, reported AnandTech website.

Twenty e-wallet service providers have opened in Vietnam since since the State Bank began licensing the service two years ago. But only several million people are using e-wallets.

Samsung will sell modified versions of the Galaxy Note 7 in emerging markets, including India and Vietnam, according to Hankyung, which claims the move is designed to help Samsung minimise losses and avoid a potential environmental fine.

LG Innotek said July 28 that it would invest US$230 million by 2018 to build a camera module factory in Haiphong, the third largest city of Vietnam.

South Korea's Samsung Electronics has secured a licence to invest US$3 billion to expand its production in northern Vietnam, the Vietnamese government said.

Samsung Electronics has announced plans to spend up to $3bn (瞿1.8bn) to create a new smartphone factory in Vietnam.

Samsung Electronics built the world's largest smartphone business by tapping China's cheap and abundant workforce. Not for much longer: it's shifting output to Vietnam to secure even lower wages and defend profit margins as growth in sales of high-end handsets slow.

Japanese companies, Thailand's biggest foreign investors, may spend more to build factories in neighbors including Indonesia and Vietnam after the worst flooding in 70 years disrupted global production.

Yesterday First Solar closed at a new 52 week high after Goldman Sachs posted a Buy recommendation and news of a $1 billion manufacturing plant in Vietnam hit.

Intel has announced the opening of a massive US$1 billion chip testing and assembly facility in Vietnam. The factory has a total area of 46,000 square meters.

Formosa Plastics Group, one of Taiwan's largest industrial conglomerates, has announed it plans a stainless steel plant in Vietnam, with local media citing a budget of over US$3 billion.

"IC-packaging will almost certainly happen in Vietnam, but it has been delayed by one or two years..."

Japan's Panasonic said it aims for double-digit sales growth this business year in the five major emerging markets it focuses on, including China and India, despite an estimated 10% decline in overall revenues.

China has unveiled plans to establish a US$10 billion investment fund for south-east Asian countries. It also offered credit of US$15 billion to the Association of South-East Asian Nations (Asean) which comprises of Indonesia, Singapore, Malaysia, Thailand, the Philippines, Brunei, Burma, Laos, Cambodia and Vietnam.

Growth in Vietnam stumbled to its slowest rate in a decade in the first quarter, falling to 3.1% year-on-year as its export-driven economy is strangled by tumbling global demand and inward investment.