Industries
Manufacturing
Hanoi to open industrial clusters in Phu Xuyen District
Phu Xuyen District, Hanoi, will open an industrial zone to attract industries and handicrafts. The Hanoi People’s Committee has issued Decision No. 4989/QD-UBND to establish Phu Tuc Industrial Zone in Phu Xuyen District. The industrial complexes will attract industries and handicrafts suitable for industrial development planning and socio-economic ...
Vietnam steel association wants fewer plants as supply surplus hurts industry
The Vietnam Steel Association has urged authorities not to go ahead with 27 planned steel plants since local output is already more than twice the demand. Some of the planned plants have not been started while others have proved impractical or are using outdated technology. Keep reading ...
Japan's Sapporo buys out its Vietnamese beer venture: report
State-owned tobacco company Vinataba has sold out its 29 percent stake in Sapporo Vietnam to Japanese parent Sapporo Holdings, news website VnExpress reported on 4 October. Keep reading ...
Exports up 20% in H1 on Europe purchases
Cambodian exports saw a nearly 20 per cent increase for the first half of the year, as garment shipments to the European Union led the way in making up for a decrease in exports to the United States, according to a new Ministry of Commerce ...
Made in Vietnam: Should Samsung be treated as a local company?
On the sidelines of a conference at the end of July, Samsung Vietnam CEO Myoung-Sup Han told the press that his company hopes to be treated as a local business soon, instead of a foreign investor. He said every year Samsung makes huge contributions to Vietnam’s ...
Garment, textile firms face tough, bigger rivals
Several Vietnamese garment and textile companies would face more challenges from large rivals following integration, said Tran Quang Nghi, chairman of the National Garment and Textile Group (Vinatex). Nghi, speaking at a conference entitled “Garment and Textile – Opportunities and Challenges”, focusing on integration and held ...
Unions balk at floated figure
Garment worker unions on 30 September decried a preliminary, government-suggested increase to the minimum wage as being far too close to what they perceive as a lowball offer from employers. As tripartite wage talks continue, unions said officials from the government’s Labour Advisory Committee had on 29 ...
Unions agree on minimum wage target
Following weeks of quarrelling, Cambodia’s garment unions on 29 September agreed to demand a monthly industry minimum wage of $168 – only to find themselves miles apart from employers who are refusing to consider an increase beyond the rate of inflation. Leading up to ongoing tripartite minimum-wage ...
Vietnam's industrial production rises 10% in first nine months
The national index of industrial production rose 10 per cent in the first nine months of this year against the same period last year. Further, according to the Ministry of Planning and Investment, the industrial production sector continued its growth, especially in the processing and manufacturing ...
Myanmar factory workers weary of the Arbitration Council
Factory workers have had enough of the arbitration council, the nascent, quasi-judicial body established to resolve labour disputes through mediation. Nearly 200 garment workers fired in the wake of the new minimum wage have decided to by-pass the conciliation system altogether, alleging that the members are ...
