Many South Korean doctors in various specializations, unhappy with working conditions back home, have been applying for jobs in Vietnam this year.
Vietnam Estimates China Rail Link Will Cost US$7.2 Billion
Vietnam has estimated the cost of building a new railway linking it with China’s Yunnan province at VND 179 trillion ($7.2 billion).
Apple Manufacturers’ Exodus From China Sparks Manpower Shortage
It seems to be China’s turn to be on panic mode when manufacturers shift their eyes outside, especially towards Southeast Asia.
Samsung Plans To Invest US$1.8 Billion More In Vietnam For OLED Manufacturing
South Korea’s Samsung Display Co plans to invest US$1.8 billion for a factory in northern Vietnam to produce OLED displays for automobiles and technology equipment.
Vietnam Manufacturing Output Surges to a 13-Year High
Vietnam’s month-on-month growth rate in manufacturing output increased in July, making it the second-highest on record, according to S&P Global.
HP Eyes Thailand In Plans To Shift Production From China
Trade tensions have spooked several businesses including HP, leading to relocating production facilities out of China. This time, Southeast Asia is the manufacturing hub of choice, according to the Nation, Thailand.
Hanoi Gunning For Southeast Asia’s Semiconductor Hub Position
Despite talk of Vietnam losing investors’ support from pulling back subsidies, Hanoi is clearly not backing down on its mission to be Southeast Asia’s semiconductor hub.
Lack Of Subsidies Causes Vietnam To Lose Investors
Vietnam is reportedly losing investors’ support after refusing subsidies to projects in the country, according to Ministry of Planning and Investment.
Semiconductor Competition Gets More Intense With Thailand’s Involvement
Competition for semiconductor dominance heats up with Thailand joining the ring. This came after Vietnam declares match with Malaysia, who plans to build Southeast Asia’s largest integrated circuit design park and will offer incentives including tax breaks, subsidies and visa exemption fees to attract global tech companies and investors.
Vietnam Versus Malaysia For Semiconductor Design Hub Crown
Vietnam competes head-on for the same crown of semiconductor design focal point after Malaysia’s declaration to be an integrated circuit design hub.