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As of now, 69 nations in the world have recognised Vietnam’s market economy status, which will offer great opportunities for Vietnam to boost its investment and trade co-operation globally. Nihad Ahmed, the senior Vietnam economist at Spain based Focus Economics, which provides in-depth economic analyses globally, looks at how Vietnam can seize these opportunities effectively.

Investment funds from Europe are flocking to Vietnam as new opportunities arise in Southeast Asia’s fastest-growing market.

The domestic automobile market has already seen positive signs in both import and assembly, following controversy related to the government’s Decree No. 116.2017/ND-CP.

The stage of ASEAN Automotive & Motorcycle Parts Manufacturing Summit 2018 welcomes Mr Daniel Pham – VMF’s Director. Daniel shares his experience in Manufacturing in Vietnamese with the topic of “Vietnam an emerging country- a potential for automotive manufacturing?”.

We’re so thrilled to announce that VMF’s Director: Daniel Pham will become one of the speakers on ASEAN Automotive & Motorcycle Parts Manufacturing Summit 2018 which will occur on April 17-18, 2018 in Ho Chi Minh City, Vietnam.

In order to create favorable conditions for manufacturing and supporting industries to approach domestic and foreign partners to expand production, HCM City Department of Industry and Trade, in association with the Management Board of Ho Chi Minh City Export Processing and Industrial Zones Authority (HEPZA), and The Management Board of the Saigon Hi-Tech Park (SHTP) organize the ” Sourcing fair for supporting industry with buyer 2018″ from March 13, 2018 to March 14, 2018 at the REX Hotel (HCMC).

Australia's largest manufacturing showcase, the National Manufacturing Week 2018 will take place in Sydney, Australia from May 9 to 11. 

Did you know that Vietnam is becoming one of the major international hubs for manufacturing, while is already one of the biggest global exporters of mobile phones? Have you heard that the country was one of the world’s poorest only 30 years ago, and is now considered more competitive than 6 countries of the European Union?

 

Prime Minister Nguyen Xuan Phuc has urged Australian companies to invest in the potential market of Vietnam at the Vietnam-Australia Business Forum in Sydney on March 16, which was held during the Vietnamese PM’s official visit to Australia.

 

Confidence in local enterprises has continued its uptrend, with a surge in production and a record number of newly established enterprises and registered capital inflow in this year’s first two months.

Local industrial production has hit a major rise in January, a five-year record for the month, with a climb in many sectors fueled by a friendlier business climate.

According to the Business Registration Agency in Vietnam, more than 15,400 enterprises newly registered or reopening their business in the first month of 2018. In a report of the agency, more than 10,800 start-ups with a total registered capital of nearly US $4.33 billion joined this month, which resulted in an increase of 20.6% and 8.9% respectively compared to the same period last year.

As the third largest market in Southeast Asia, Vietnam is one of the fastest growing economies in the world. This is one of many reasons why various investors decided to choose Vietnam as an outsourcing destination.  So, do you think Vietnam is a potential market for your business venture? What will happen in the Vietnam Market in 2018 which may influence your decision?

2018 is coming, and it seems to become the year of manufacturing while manufacturing industries implement innovations which were once confined to Philip Dick and Arthur Clarke’s novels. Finally, the future caught up with us, changing how we work, communicate and do business.

The German Industry and Commerce in Vietnam (GIC/AHK), the Federal Ministry of Economics and Technology (Germany) and the Mechanical Engineering Industry Association (VDMA) organised a conference in Hanoi and HCMC respectively to promote the cooperation level between Vietnamese SME’s and a delegate of German Manufacturing companies.

We are featured in AMTIL’s Magazine - the voice of Advanced Precision Manufacturing in Australia. In this magazine, VMF delivers the message "Bringing Vietnam Manufacturing to the world". 

We aim to reshape the traditional supply chains of the manufacturing industry by bringing the vast network of Vietnam factories to the customer under a single platform, to break all barriers between international businesses and local factories.

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