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NEWS TAGGED ASEAN
Monday 19 April 2021
Vietnam sees growing exports of electronics
Vietnam's output from the electronics, PC and optical product sector increased 12.3% in value on year in first-quarter 2021, according to the country's Ministry of Industry and Tra...
Friday 16 April 2021
LG reportedly looking to sell Vietnam smartphone plant
LG Electronics is shutting down all smartphone plants and looking to find buyers after announcing its decision in early April to quit its loss-ridden smartphone business, according...
Thursday 15 April 2021
Vietnam expanding local industrial parks
The Vietnamese government approved many industrial park expansion projects in 13 of its provinces in the first quarter of 2021 in a bid to accommodate growing investments, according...
Thursday 8 April 2021
Business opportunities in Vietnam: Q&A with Keven Cheng, Taiwan Trade Center director in Ho Chi Minh City
Vietnam has joined the CPTPP (Comprehensive and Progressive Agreement for Trans-Pacific Partnership) and RCEP (Regional Comprehensive Economic Partnership), and has signed FTAs (free-trade...
Tuesday 6 April 2021
TIP helps Indonesian telecom carriers test Open RAN
Telecom Infra Project (TIP), a US-based non-profit organization established in 2016, is helping five Indonesian telecom carriers test Open Radis Access Network (RAN) that reduces...
Wednesday 24 March 2021
PatSnap receives US$300 million in funding from SoftBank, Tencent and others
PatSnap, a Singaporean provider of innovation intelligence, has announced it has secured US$300 million in Series E funding, led by SoftBank Vision Fund 2 and Tencent Investment with...
Tuesday 16 March 2021
Darfon constructing two factories in Vietnam
Taiwan-based Darfon Electronics is building a factory for making keyboards in northern Vietnam and another for manufacturing electric bicycles (e-bikes) in southern Vietnam, with...
Monday 22 February 2021
Vietnam ships over US$50 billion handsets, handset components in 2020
Vietnam's exports of handsets and handset components decreased for the first time in 11 years by 0.4% to US$51.18 billion in 2020, according to local media reports, citing data from...
Thursday 18 February 2021
Vietnam industry depends heavily on foreign investors
The influx of foreign investment has greatly helped Vietnam improve its local manufacturing. Vietnam, which is able to make not only smartphones but also electric cars (EV), is a...
Tuesday 9 February 2021
Taiwan January export value hits record for second time straight, says MOF
Taiwan recorded total export value of US$34.27 billion for January 2021, hitting monthly record for the second consecutive time and growing 3.9% on month and 36.8% on year, while...
Thursday 4 February 2021
Ju Teng to set up production base in Vietnam
Ju Teng International will set up a production base for making casings of notebooks, tablets and hand-held devices in Nghe An Province, central Vietnam, according to local media re...
Monday 25 January 2021
Vietnam investment opportunities: Q&A with Wiziin CEO Tien Nguyen
Many startups are confused about how to find angel investors, while investors are discouraged by the lack of transparency of information about startup investments. Nguyen Ngoc Tien...
Monday 11 January 2021
Arcadyan to double capex in 2021 to boost production in Vietnam
Networking device maker Arcadyan Technology expects to double its capex this year to boost substantially production at its factory site in Vietnam.
Wednesday 6 January 2021
Vietnam offers low labor cost
Vietnam is one of three ASEAN countries with the lowest labor costs, based on the current minimum wage of US$132~190 per month, according to Viet Dragon Securities Company (VDSC).
Tuesday 5 January 2021
Pegatron acquires land for new plant in Vietnam
Pegatron has bought a piece of land in Vietnam for about VND528.92 billion (US$22.9 million) to build a new plant, which will be ready for production later in 2021, according to industry...