Supply chain

Man Chi Trung, deputy director of Hanoi Plastics JSC and general director of VinFast-An Phat Plastic Auto Part Co., Ltd. (VAPA) said that Hanoi Plastics has been a subsidiary of An Phat Holdings since 2013. The company has signed contracts to provide three plastic parts for the body and doors of Toyota and Honda Vietnam vehicles. The partnership has been blossoming recently as Hanoi Plastics now provides 45 plastic parts for the latest models of Toyota Vietnam and 11 plastics parts for Honda Vietnam. … [Read more...] about Auto industry steers strategy towards wider supply chains

Heavily impressed by these impacts, both manufacturers and consumers are looking for alternatives to reduce dependence on the Chinese market and to stabilise their business and supply chains. As a result, they must think of migrating their supply chain out of China to a more comfortable location – and of course the best way for them is somewhere close to their current factories. Vietnam, in this case, is one of the best options. … [Read more...] about Supply chain growth can outpace Southeast Asia

Buenos Aires (VNA) - Vietnamese businesses introduced their capacity to produce and supply medical supplies to Venezuela in response to the COVID-19 pandemic while attending a webinar held by the Vietnamese Embassy in Venezuela on September 11. The event aimed to promote economic relations between the two nations, while helping Vietnamese firms participate more actively in the supply chains in the Latin American market amidst the complicated developments of COVID-19 and the region emerging as the pandemic epicenter. At the webinar, Vietnamese Ambassador to Venezuela Le Viet Duyen affirmed the Vietnamese Government and people always attach much importance to the friendship and bilateral relations with Venezuela, particularly in the fields that both sides hold strengths. Vietnam is willing to share experience in national construction, especially when the COVID-19 has been adversely affecting the socio-economic life and food security in the world and the region as well, he stressed. … [Read more...] about Vietnam firms seek to boost exports of medical supplies to Venezuela

From the perspective of the Vietnamese government, Japanese businesses are highly regarded as a community of committed and trustworthy investors who deliver significant efficiency in their business operations, notable contributions to the public budget, as well as environmental protection awareness and responsibility to workers’ living standards. … [Read more...] about Japanese enterprises mull over relocation of manufacturing to Vietnam

Phúc also appreciated the Government of Japan's support for overseas supply chain diversification and expressed his pleasure to know among the 30 Japanese enterprises that received the government’s first support, there are 15 firms that wish to expand their investment in Việt Nam. … [Read more...] about Prime Minister welcomes Japanese firms’ investment in Việt Nam