What is an industrial cluster? development status in Vietnam
An industrial cluster is a model that concentrates small and medium-sized production facilities within a planned area, aimed at utilizing shared infrastructure and optimizing investment costs. Amid the push for industrialization, industrial clusters have become an effective solution for localities to attract investment, expand production, and create jobs. In this article, KTG Industrial provides an overview of industrial clusters and the current landscape of their development in Vietnam. What is an Industrial Cluster? According to Clause 1, Article 2 of … Continue reading What is an industrial cluster? development status in Vietnam
What is a factory? Trends and notes for businesses to rent
A factory is an indispensable part if a business wants to do business successfully. Currently, there are many different types of factories, so depending on the financial situation, type of business, …, business owners choose the appropriate type of factory. So what is a factory? Which type of factory should business owners choose? All questions will be answered by KTG Industrial in the following article. What is a factory? Simply put, a factory is a location used for the purpose … Continue reading What is a factory? Trends and notes for businesses to rent
What is an export processing zone (EPZ) in Vietnam?
Few people know that Export Processing Zones (EPZs) first appeared in Vietnam in the early 1990s as a “gateway” for attracting foreign direct investment (FDI), paving the way for export-driven manufacturing and technology transfer. So, what exactly is an Export Processing Zone, how does it operate, and what specific benefits does it offer? In this article, KTG Industrial will provide a comprehensive overview of the definition, characteristics, roles, and key advantages of this specialized model. What is an Export Processing … Continue reading What is an export processing zone (EPZ) in Vietnam?
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
FDI FLOWS INTO SOUTHEAST ASIA MARKET INCREASED STRONGLY
Southeast Asia is one of the countries receiving the largest FDI inflows among emerging regions. FDI flows into the region are increasingly driven by emerging opportunities in sectors such as industrial real estate, the digital economy and green technology. FDI flows into Southeast Asia have increased ninefold over the past two decades, with more than half of these going to Singapore, which tends to serve as a regional hub for many investors. However, new “green” investment projects have had a … Continue reading FDI FLOWS INTO SOUTHEAST ASIA MARKET INCREASED STRONGLY
MAKE VIET NAM BECOME AN INVESTMENT “DESTINATION”
The fear that Viet Nam has not taken advantage of the opportunities from the shift in global investment flows is increasingly being relieved, as more and more large corporations want to invest and expand their investment, to turn Viet Nam into a base. its production. Will the record of 38.85 billion USD repeat? It’s mid-December 2022, which means there are only a few days left to “close” the situation of attracting foreign investment in 2022. Therefore, the question now is … Continue reading MAKE VIET NAM BECOME AN INVESTMENT “DESTINATION”
PUBLIC MERGERS AND ACQUISITIONS IN VIETNAM: OVERVIEW
A Q&A guide to public mergers and acquisitions law in Vietnam. The country-specific Q&A looks at current market activity; the regulation of recommended and hostile bids; pre-bid formalities, including due diligence, stake building and agreements; procedures for announcing and making an offer (including documentation and mandatory offers); consideration; post-bid considerations (including squeeze-out and de-listing procedures); defending hostile bids; tax issues; other regulatory requirements and restrictions; and any proposals for reform. M&A Activity 1. What is the current status of the … Continue reading PUBLIC MERGERS AND ACQUISITIONS IN VIETNAM: OVERVIEW
FDI INFLOWS INTO VIETNAM REACHED 18.7 BILLION USD
Photo data source: Giang Anh, September 30, 2022. In addition to Ho Chi Minh City, Binh Duong, which other localities that attracted over billion USD of FDI in the first 9 months of the year? In the first 9 months of 2022, FDI inflows into Vietnam reached 18.7 billion USD. After Ho Chi Minh City, Binh Duong and Bac Ninh, Dong Nai are locations attracting large investors. According to the report on foreign investment situation of the Ministry of Planning … Continue reading FDI INFLOWS INTO VIETNAM REACHED 18.7 BILLION USD
INDUSTRIAL LAND MARKET HEATS UP
According to statistics, Vietnam has 406 industrial zones (IZs), including 37 located inside and 361 IZs located outside economic zones, with eight located inside border gate economic zones. In the six key northern provinces of Hanoi, Vinh Phuc, Bac Ninh, Hai Phong, Bac Giang, Hung Yen, the toal area of IZs is estimated at 11,000 hectares. The occupancy rate is about 83% and there is only about 2,000 hectares left. The occupancy rate of industrial zones in Hanoi, … Continue reading INDUSTRIAL LAND MARKET HEATS UP
EVALUATING GERMAN-VIETNAMESE ECONOMIC RELATIONS
In 2022, Vietnam and Germany will look back on 47 years of diplomatic relations, during which they have maintained historically solid and close connections. The two countries have come together to form strong ties since 1975. Today, there are around 430 German companies in Vietnam. In addition to major players such as Siemens, Adidas and Bosch, small- and medium-sized German enterprises have discovered Vietnam as a promising market for investment. More than four-fifths of German investment projects are in … Continue reading EVALUATING GERMAN-VIETNAMESE ECONOMIC RELATIONS
SAMSUNG LOOKS TO EXPAND VIETNAM OPERATIONS
HCMC – South Korea’s Samsung has said it is planning to manufacture transistor grids and open a research and development (R&D) center in Vietnam. Speaking at a meeting in Hanoi on August 5 with Prime Minister Pham Minh Chinh, Roh Tae-Moon, CEO of Samsung, said the conglomerate is preparing to make transistor grids in Vietnam on a trial basis. The product will be mass-produced in July 2023 at the Samsung Electro-Mechanics Vietnam in Thai Nguyen Province. The firm will inaugurate … Continue reading SAMSUNG LOOKS TO EXPAND VIETNAM OPERATIONS
