Computer component prices soar, bitcoin miners sell mining machines

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Báo Đầu Tư English 1 month(s) ago

The instability of virtual currencies and price increases of computer components have forced many bitcoin miners to sell mining machines to get money back.

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Auto firms ask to lower component import taxes

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Báo Đầu Tư English 1 month(s) ago

High import taxes on auto components and parts, packaging and logistics expenses are major reasons behind locally-assembled cars costing 10-20 per cent higher than imports from Thailand and Indonesia.

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Enhancing connection between foreign-invested and domestic enterprises

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Báo Đầu Tư English 2 month(s) ago

The improvement of connection between foreign direct investment (FDI) and domestic enterprises needs cooperation among numerous stakeholders, as Samsung’s support only is not enough.

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215 local firms part of Samsung’s supply chain

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Báo Đầu Tư English 2 month(s) ago

The number of local firms that are part of the supply chain for Samsung’s plants in Viet Nam has increased dramatically to a total of 215 vendors.

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Expo trio to promote localisation in Vietnamese supporting industries

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Báo Đầu Tư English 2 month(s) ago

The 7th Vietnam-Japan Supporting Industries Exhibition, Industrial Components & Subcontracting Vietnam 2017, and NEPCON Vietnam 2017, with the shared mission to offer business opportunities and increase the localisation index for the electronic industry and supporting industries in Vietnam, will be held on September 13-15 in Hanoi.

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New decree on car imports sends conflicting message

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Báo Đầu Tư English 2 month(s) ago

In contrast to the usual encouragement of industrial localisation and job creation for Vietnamese citizens in developing the manufacturing industry and supporting industries, the draft decree on conditions for auto manufacturing, assembling, importing, and maintenance and warranty business recently uploaded on the website of the Ministry of Industry and Trade (MoIT) to gather public opnion, is “loosening” restrictions on the import of completely-built units (CBUs).

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Flagging railway sector lays tracks to catch up

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Báo Đầu Tư English 2 month(s) ago

The railway sector in Việt Nam has lost the dominant position it enjoyed two decades ago, and is trailing far behind other modes of transport.

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Inside Vietnam’s missile repair factory

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Báo Tuổi Trẻ English 2 month(s) ago

A29, the only factor operating under Vietnam’s Air Force and Air Defense Divisions in the southern region, is tasked with repairing the nation’s air defense weaponry, including radars, vehicles, and advanced missiles.

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Ho Chi Minh City builder fined over $44,000 for violating permit

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Báo Tuổi Trẻ English 3 month(s) ago

The developer of a residential area in Ho Chi Minh City has not only been fined over US$44,000 for illegal alterations to the original building design, but also been forced to dismantle the illegal components.

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Breakfast @ Tuoi Tre News – May 23

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Báo Tuổi Trẻ English 3 month(s) ago

Check out the news you should not miss today, May 23:

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New regulations on goods labels

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Báo Đầu Tư English 3 month(s) ago

The Government issued Decree 43/2017/ND-CP (Decree 43) replacing Decree 89/2006/ND-CP on labels (Decree 89).

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Sand mining in the largest irrigation lake in VN ordered to stop

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Báo Đầu Tư English 3 month(s) ago

The Ministry of Agriculture and Rural Development (MARD) has ordered a halt to all sand mining in the Dầu Tiếng Lake, the largest reservoir in the country.

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Misumi automates production

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Báo Đầu Tư English 3 month(s) ago

In recent years, automation has revolutionised the way products are manufactured and assembled, shifting the production paradigm to a more mechanical approach. General director of Misumi Vietnam Co. Ltd.,

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Breakfast @ Tuoi Tre News – May 15

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Báo Tuổi Trẻ English 3 month(s) ago

Here are the news stories you should not miss today, May 15:

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Urban rail faces another delay as debt grows

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Báo Đầu Tư English 3 month(s) ago

Despite several setbacks, investors pledged in February to put the capital city’s first elevated railway to trial operations in October. However, financial constraints have once again casted a pall over the project’s prospects.

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