Taiwan-based printed circuit board (PCB) makers have expedited transferring manufacturing away from China, with several establishing new plants or extending current lines in Southeast Asia, particularly Thailand, Malaysia, and Vietnam.
Vietnam Automobile Sales Rebound in February
Members of the Vietnam Automobile Manufacturers’ Association (VAMA) sold 23,040 automobiles of all kinds in February, a month-on-month rise of 33 percent, according to Vietnam Plus.
Vietnam Exports Robotic Surgery Techniques To The Philippines
Doctors from Binh Dan Hospital in Ho Chi Minh City assisted their colleagues at Chinese General Hospital and Medical Center (CGHMC) in the Philippines perform robotic surgery for Gastrointestinal cancer — reflecting Vietnam’s medical prowess
Indonesia Fans The Electric Vehicle Market Fire In Southeast Asia
The market is watching China, Thailand and Vietnam for electric vehicle (EV) market movements. Indonesia has declared its entry into the competition. It would not be long when the market welcomes an Indonesia EV.
Vietnam’s VinFast Recalls Nearly 2,800 VF8 SUV
Vietnam’s electric vehicle (EV) maker VinFast recalls 2,781 of its sports utility model VF8 to check and replace the bolt connecting the front brake caliper to the knuckle.
Vietnam Receives New Automotive Project License In Quảng Ninh
Funded by Boltun Corporation, one of the world’s largest suppliers of auto fasteners and metal parts, and QST International Corporation, this Vietnam automotive investment project aims to produce components for US and European electric vehicle manufacturers.
Chinese EV Maker BYD Said To Build Vietnam Component Plant
VinFast will face competition on home ground when Chinese electric vehicle (EV) maker BYD Auto Co builds a plant in Vietnam to produce car parts, Reuters learnt — in a move that would reduce the company’s reliance on China and deepen its supply chain in Southeast Asia as part of a global expansion.
Basic Manufacturing Vietnam Can Step In Climbing Up The Value Chain
Basic manufacturing for other companies, the beginning of many companies, could pave the way to “the next Foxconn,” said Tran Ba Duong, Chairman of the Truong Hai Auto Corporation (THACO) in Vietnam.
Vietnam Semiconductor Market Stands A Chance As Makers Avoid China
An article by CNBC quoted experts who felt the Biden’s China chip curbs are the latest in a series of upheavals prompting chipmakers to relocate production chains to neighbouring countries. It named Vietnam as one of the cost-efficient semiconductor manufacturing bases with lower levels of political challenges, despite others’ remaining hopeful of China.
