News & Events

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.