Vietnam factory activity dips in July as Covid-19 impacts grow
Despite a drop in output in July, firms remained confident in the 12-month outlook for production.
Despite a drop in output in July, firms remained confident in the 12-month outlook for production.
Luxshare ICT announced they are still hiring 300 workers per day from June 18 to 20 for production expansion in North Vietnam.
The sector saw a softer contraction than in April as the Covid-19 pandemic was brought under control in Vietnam.
The allegation is a serious matter directly affecting Vietnam’s business environment at a time government agencies are determined to fight corruption, said Minister of Finance Dinh Tien Dung.
Head of Bac Ninh province Taxation Department said the information published on Japanese media could not be verified until the CEO of Tenma Vietnam returns to Vietnam.
Vietnam would be among a handful of nations maintaining positive economic growth this year, according to a World Bank expert.
The Vietnamese manufacturing sector looks set to be a star performer again in 2020, helping to support impressive growth in the wider economy, said Andrew Harker, associate director at IHS Markit.
The Ministry of Industry and Trade said that it would build specific plans on coal demand for power production to actively deal with uncertainties in the world market.
New orders expanded for the forty-ninth month running at the end of 2019, linked by respondents to stronger customer demand.
The headline Nikkei Vietnam Manufacturing Purchasing Managers’ Index (PMI) registered 51.0 in November, up from the neutral reading of 50.0 in October.