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manufacturing hub
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Foxconn gets license to invest $551M more in Vietnam
Foxconn Singapore has been awarded a license to invest $551 million in two projects to produce smart entertainment products and smart-system equipment in Vietnam's northern Quang Ninh Province.
Apple’s iPhone production shift leaves ghost town in China
Apple supplier Foxconn’s industrial park in Nanning, Guangxi, has been deserted, heavily impacting the local economy, as production of the iPhone is being moved away from China.
Global tech investors continue to bet on Vietnam
Vietnam’s growing capacity to make complex tech products is attracting more foreign investors who are setting up factories.
January 15, 2023 | 03:03 pm PT
Vietnam to become one of Apple's main manufacturing hubs
India, Vietnam and Brazil could account for as much as 30% of Apple supplier’s Foxconn production in upcoming years as Apple seeks to diversify its supply chain out of China.
December 20, 2022 | 07:32 pm PT
Vietnam's advantages in the evolving international supply chain
A skilled but relatively inexpensive workforce, good infrastructure and a slew of free trade agreements position Vietnam as a key supply chain hub, experts say.
February 14, 2021 | 04:37 pm PT