February 1, 2021 | 6:19 pm Font Size
A VIETNAM DONG note is seen in this illustration photo May 31, 2017. REUTERS
HANOI 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, privatization and tight coronavirus disease 2019 (COVID-19) curbs.
Armed with a raft of free trade deals envied by regional peers and increasingly luring factories away from China, the ruling Communist Party on Monday formally approved ambitions to raise growth beyond an annual 6% in the pre-pandemic era to 6.5%-7.0% for the 2021-2025 period.
In an economic development blueprint confirmed at its five-yearly congress, it said it would boost its growing role as a key manufacturing hub for global giants like Samsung Electronics Co. and Intel Corp. At the same time, the Party is targeting raising the country’s profile beyond a low-cost labor destination to a center for sc
By Khanh Vu on Jan 19, 2021 11:45AM
To produce laptops and tablets. Vietnam has awarded a licence to a unit of Taiwan s Foxconn Technology to build a US$270 million (A$351 million) plant to produce laptops and tablets, the Vietnamese government said.
The plant, to be developed by Fukang Technology, will be located in the northern province of Bac Giang and .
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Foxconn is licensed in Vietnam for its $ 270 million factory that will produce MacBooks and iPads compsmag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from compsmag.com Daily Mail and Mail on Sunday newspapers.
Zhejiang Geely Holding Group (Geely Holding) and Foxconn Technology Group (Foxconn) signed a strategic cooperative agreement that will establish a 50-50 joint venture company to provide OEM production and comprehensive customized consulting services relating to whole vehicles, parts, intelligent drive systems, automotive ecosystem platforms, electric vehicle industry value chain, and.