Panasonic will close a large factory outside Bangkok – Thailand early this fall and move production to set up factory in Vietnam to get better production efficiency. Specifically, according to Nikkei, Panasonic’s factory in Bangkok will stop producing washing machines in September 2020 and refrigerators in October 2020. The plant itself will be closed in … Read more
The Covid-19 pandemic is spreading strongly around the world, affecting the world economy. A number of countries, with efforts to prevent, gradually control the spread of the disease and are entering the stage of economic recovery after the epidemic, including Vietnam. With efforts in disease prevention, since mid-April 2020, Vietnam has basically prevented the pandemic … Read more
Companies will move their supply chains out of China after the Covid-19 crisis to minimize the impact from similar shocks that may occur in the future, and they might choose to invest in Vietnam. According to Mark Mobius, a wave of displacement from China will erupt after the epidemic is under control. At the same … Read more
At the Conference of Thai Binh Provincial Party Committee discussing on the Con Vanh – Con Thu urban – tourist area and Ba Lat port planning taking place on April 2020, Secretary of the Provincial Party Committee Thai Binh emphasized: Con Vanh – Con Thu urban and tourist area is one of two important points … Read more
On April 14, 2020, the Prime Minister issued Directive 18/2020/CT-TTg on Vietnam’s socio-economic development plan for the period of 2021-2025. The Directive summarizes the results achieved during period of 2016-2020 and sets development goals for the period of 2021-2025. The Directive identifies the results achieved in the period of 2016-2020, along with focusing on analyzing … Read more