Vietnam in global semiconductor spotlight as big-name investors show ...
Global semiconductor makers are betting on Vietnam as their next production destination with the country being considered ready for a move up in the value chain.
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Four Samsung plants in Vietnam reported combined revenue of $17.9 billion in the second quarter, a decrease of more than 10% from the first quarter but an increase of 30% YoY.
High-tech foreign investments will continue to propel Vietnam’s economic growth for years to come, Michael Kokalari, chief economist at investment fund VinaCapital, has said.
Cheap labor cost was not the reason why LEGO chose Vietnam. Growth opportunity and the possibility to expand global supply chains were among the main reasons.
Global semiconductor makers are betting on Vietnam as their next production destination with the country being considered ready for a move up in the value chain.
The second- and third-largest rice exporters in the world, Vietnam and Thailand, will begin discussions to increase rice export prices, Nikkei reported.
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