Diversifying production and manufacturing is the most prioritized activity of German companies in Vietnam, with 42% of businesses having this plan.
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Weekly highlights
Sembcorp Industries cooperates with Gelex through share purchase or capital contribution, developing new renewable energy projects.
"Vietnam will continue to be a critical part of our global manufacturing operations as demand for semiconductors grows."
On the morning of October 28, 2023, as part of the National Innovation Center (NIC) and the Vietnam 2023 International Exhibition of Innovation at the National Innovation Center at Hoa Lac Campus, Hanoi, Prime Minister Pham Minh Chinh attended and performed the inauguration ceremony of the NIC Hoa Lac Semiconductor Design Training Center.
On November 2 in Thai Binh, Geleximco Group and Omoda & Jaecoo Automobile Co., Ltd. signed a principal contract to cooperate in building an automobile manufacturing and assembly factory.
To prepare for an abundant supply of new cars in the last months of the year, car manufacturers have sharply increased production and car imports since October.