Japan’s Kyocera Corp has planned an expansion worth 57.8 million USD in Vietnam this year in an effort to shift part of its high-cost Chinese operation to the country.
Japan’s Kyocera Corp has planned an expansion worth 57.8 million USDin Vietnam this year in an effort to shift part of its high-cost Chineseoperation to the country.
By March 2018, itsfactory in the northern city of Hai Phong is expected to produce 2million units of multi-purpose printers each year, quadrupling thecurrent level.
Construction on a new facility producing metal moulds and plastic components will begin no later than this August.
The workforce is expected to triple to 5,000 with over 200 employees working in research and development.
Kyocera currently produces over 2 million multi-purpose printersannually, mostly in China. Europe accounts for the largest market share,especially Russia and Turkey.
With its planned expansion in Vietnam, annual output is forecast to soar over 70 percent to 3.5-4 million units.
Kyocera’s unit in charge of multi-purpose printer production andtrading - Kyocera Document Solution - recorded a 10 percent increase inrevenue to 2.75 billion USD from April 2014 to March 2015, with 275million USD in pre-tax income.-VNA
This collaboration allows VinFast customers to access a network of over 1 million public charging points across 24 countries through the VinFast app, offering a seamless and convenient charging experience throughout Europe.
Participants agreed that Resolution 68-NQ/TW offers opportunities for the private economic sector. Yet challenges remain in institutional frameworks, capital access, technology, and competitiveness.
This marks the third consecutive month the company has sold more than 11,000 units, reinforcing its position as Vietnam’s top-selling automaker for 10 months in a row.
CT Group stands as one of Vietnam's largest technology and innovation conglomerates, persistently pursuing a self-reliance strategy to master advanced technologies across nine high-tech sectors.
Party General Secretary To Lam emphasised that as Vietnam deepens international integration, the RoK’s success – with Busan Port as a vivid example – offers valuable lessons.
Speaking at a conference in Ho Chi Minh City on August 12 to seek ways to promote the products’ exports in 2025, Deputy Minister of Agriculture and Environment Tran Thanh Nam noted that despite global political instability and a slowdown in economic growth, Vietnam’s agro-forestry-fishery export has shown notable resilience.
The Ministry of Industry and Trade has proposed six types of commodity exchanges to be operated at the international financial centre (IFC), which would cover both traditional goods markets and emerging financial and commercial products.
Leaders of Khanh Hoa province met with executives of HD Hyundai and SK Innovation to explore opportunities to partnerships in shipbuilding and energy industries.
The Prime Minister urged the promotion of industrial production in tandem with market restructuring, product diversification, and the development of supply and production chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,509 VND/USD and the floor rate 23,985 VND/USD.
All service vessels and out-of-province fishing boats docking at fishing ports in Lam Dong province will undergo 100% inspection to ensure compliance with paperwork, port entry/exit procedures, and fishing log requirements. Their positions and voyages will be tracked around the clock from departure to return via the VMS.
The roadmap to restrict the use of petrol-powered vehicles and encourage green ones in such major cities as Hanoi and Ho Chi Minh City is creating a strong boost to the EV market.
The Ministry of Industry and Trade is drafting a scheme on diversifying imported raw material sources for domestic production, with feedback from industry associations and businesses being incorporated into concrete proposals and support policies.
Notably, the hybrid segment recorded the strongest growth, with 7,112 units sold, a 72% year-on-year increase. The figures reflect a shift in consumer preference towards more environmentally friendly vehicles.
The project rolled out 21 pilot models, from goat and pig farming to coffee cultivation and the adoption of agricultural technology, helping farmers beef up production, spruce up livestock facilities, and improve market linkages.
Vietnam is ready to serve as an important gateway for Korean enterprises to enter the Southeast Asian market. Korean firms with experience and advanced technology to engage in energy transition and national infrastructure modernisation, said Party leader To Lam.
Two-way trade between Vietnam and Cambodia topped 7 billion USD in the first seven months of the year, up 16.3% against the same time last year. Vietnam’s exports to Cambodia hit 3.2 billion USD, rising 5.1%, while imports rose 28.1% to 3.8 billion USD.
