What is a factory roof? Key structure & types
The factory roof is one of the most critical elements in industrial facilities, directly impacting a business’s operational efficiency. A well-designed factory roof not only protects the facility from weather conditions but also contributes to creating a safe and comfortable working environment for employees. In this article, KTG Industrial provides an in-depth overview of industrial factory roofs, including their structure, classification, and key considerations when selecting the most suitable roofing solution. What is a factory roof? The factory roof is the … Continue reading What is a factory roof? Key structure & types
Current electrical codes for industrial facilities in Vietnam
Factory electrical design is more than just a technical task — it’s the foundation for safe, efficient, and sustainable operations. Join KTG Industrial as we explore the most up-to-date standards in factory electrical design to maximize performance and minimize risks from day one. Electrical Design Standards for Factories The design standards of an industrial facility play a critical role in determining whether your factory will operate smoothly over the next 5, 10, or even 20 years. To avoid costly operational … Continue reading Current electrical codes for industrial facilities in Vietnam
Current industrial park design standards in Vietnam
Industrial parks play a pivotal role in driving Vietnam’s economic and social development. To ensure that these parks operate efficiently, safely, and sustainably, adherence to industrial park design standards is paramount. Through this article, KTG Industrial will provide detailed information on the regulations, requirements, and spatial layout principles in industrial park design according to current Vietnamese standards. Industrial park design standards in Vietnam In the context of the country’s ongoing development and innovation, technical regulatory documents regarding industrial park construction … Continue reading Current industrial park design standards in Vietnam
CONDITIONS FOR BORROWING LOAN OF SMALL- AND MEDIUM-SIZED ENTERPRISE DEVELOPMENT FUND FROM JUNE 10, 2024
On April 26, 2024, the Government issues the Decree No. 45/2024/ND-CP on organization and operation of small- and medium-sized enterprise development fund. Decree No. 45/2024 amends and supplements a number of provisions prescribed in Article 16, Decree No. 39/2019/ND-CP on organization and operation of small- and medium-sized enterprise development fund. Accordingly, conditions for loan borrowing of small- and medium-sized enterprise development fund are as follows: To meet the criteria for innovative small- and medium-sized enterprises as prescribed in the Law … Continue reading CONDITIONS FOR BORROWING LOAN OF SMALL- AND MEDIUM-SIZED ENTERPRISE DEVELOPMENT FUND FROM JUNE 10, 2024
SHANGHAI TO BOOST TRADE WITH VIETNAM
During his visit to China on April 11, Vietnamese National Assembly Chairman Vuong Dinh Hue, along with a high-level delegation, toured the Shanghai Free Trade Zone (SHFTZ) and engaged in discussions with the leadership of the Shanghai People’s Congress and the city authorities. Hue was briefed on the SHFTZ’s establishment, development, and its significant achievements. “We exchanged views on institutional frameworks, operational mechanisms, and the unique, targeted policies that have been instrumental in the development of the SHFTZ,” Hue said. … Continue reading SHANGHAI TO BOOST TRADE WITH VIETNAM
INVESTORS INCREASINGLY OPTIMISTIC ABOUT MANUFACTURING SECTOR
Confidence in the manufacturing outlook for the year ahead hit an 18-month high, with manufacturers taking on extra staff at a faster rate. According to an industry report released by S&P Global on April 1, manufacturers in Vietnam are increasingly confident that production will increase over the year ahead. Optimism is the strongest it has been in a year-and-a-half. Firms expect the launch of new products to boost output, while also hoping that an improvement in market demand will help to support … Continue reading INVESTORS INCREASINGLY OPTIMISTIC ABOUT MANUFACTURING SECTOR
EFFORTS MADE TO PROMOTE ESTABLISHMENT OF COTTAGE INDUSTRY ZONES
The Government has recently issued Decree 32/2024/ND-CP, on the management and development of cottage industry zones to attract small and medium-sized enterprises, cooperatives and cooperative groups to invest in production and business in concentrated production areas. With a view to attracting small- and medium-sized enterprises, cooperatives and cooperative groups to invest in production and business in, or relocate their existing production and business facilities to, concentrated production areas, the Government has recently issued Decree 32/2024/ND-CP, on management and development of … Continue reading EFFORTS MADE TO PROMOTE ESTABLISHMENT OF COTTAGE INDUSTRY ZONES
AMEND THE RULES OF ORIGIN IN AKFTA AGREEMENT
On March 27, 2024, the Ministry of Industry and Trade No. 04/2024/TT-BCT on amending and supplementing several Articles of the Circular No. 20/2014/TT-BCT dated June 25, 2014, of the Minister of Industry and Trade on the implementation of rules of origin in the Agreement establishing Asean – Korea free trade area (AKFTA). Circular No. 04/2024/TT-BCT on amending and supplementing Article 4, Appendix I on (Rules of Origin) enclosed with the Circular No. 20/2014/TT-BCT. For the purposes of Point b Clause … Continue reading AMEND THE RULES OF ORIGIN IN AKFTA AGREEMENT
HO CHI MINH CITY: A RISING HUB FOR HIGH-TECH MANUFACTURING
Vietnam is currently one of the most attractive destinations for investors in the semiconductor sector due to advantages such as a large reserve of silica and rare earth metals (used for chip manufacturing), low labour costs, favourable geographical location, and government incentives. According to Fortune Business Insights, the semiconductor market size was valued at more than $573 billion in 2022 and grew to $1.38 trillion in 2029, exhibiting a compound annual growth rate of 12.2 per cent. Leading markets in … Continue reading HO CHI MINH CITY: A RISING HUB FOR HIGH-TECH MANUFACTURING
ASEAN MANUFACTURING SECTOR SEES SLIGHT IMPROVEMENT
There are some new and slight improvement across the ASEAN manufacturing sector in January, according to S&P Global Ratings, with the headline ASEAN manufacturing PMI rising from 49.7 in December to 50.3. Manufacturers continued to be optimistic about the 12-month output outlook. Growth was recorded across four of the seven ASEAN members. The purchasing manager’s index (PMI) data by S&P Global Ratings revealed a renewed, but slight, improvement in the manufacturing sector in the ASEAN region at the start of … Continue reading ASEAN MANUFACTURING SECTOR SEES SLIGHT IMPROVEMENT
VIET NAM ENJOYS SURGE IN FDI INFLOWS IN 2023
Vietnam attracted nearly 36.61 billion USD of foreign direct investment (FDI) this year to December 20, a rise of 32.1% year on year, according to the Foreign Investment Agency under the Ministry of Planning and Investment. Hanoi (VNA) – Vietnam attracted nearly 36.61 billion USD of foreign direct investment (FDI) this year to December 20, a rise of 32.1% year on year, according to the Foreign Investment Agency under the Ministry of Planning and Investment. Of the total, 20.19 billion USD was invested in 3,188 new … Continue reading VIET NAM ENJOYS SURGE IN FDI INFLOWS IN 2023
