Industry News

Whopping rise in steel imports from India

Steel imports from India posted a whopping increase in the first six months of this year, customs’ statistics revealed.

US investigates Samsung and LG washing machines manufactured in Vietnam

Washing machines manufactured in Vietnam by Samsung and LG and exported to the US are being investigated due to signs of dumping.

HCM City to focus on 4 key industries

HCM City’s Department of Industry and Trade (DoIT) will focus on improving the strength and efficiency of four key industries under the city’s stimulus package until the end of this year, said Nguyen Phuong Dong, DoIT’s deputy director last week

Vietnam considers licensing first made-in-Vietnam spacecraft

The first Vietnamese-made spacecraft created by a group of young engineers headed by Pham Gia Vinh has recently received a license for manned test flights in the country.

Private companies’ influence on economy growing

As Thaco’s car sales decreased, the Quang Nam province’s budget revenue suddenly dropped by VND3 trillion. This news has been cited by economists to show the role of large private conglomerates in the economy.

Experts: Vietnam yet to take full advantage of FDI

Vietnam has not taken full advantage of foreign direct investment (FDI) while its private enterprises have failed to connect with the global production chain, heard the Midterm Vietnam Business Forum (VBF) 2017 held in Hanoi on June 16.

EU-funded project improves VN support industry

An EU-funded project, titled “Việt Nam’s Supporting Industries to Europe”, has reportedly improved the manufacturing capacity of the sector after three years of implementation.

Fast Plasma Cutting for the Small Shop

Torchmate 4400|4800 CNC plasma cutting systems from Lincoln Electric deliver faster cut speeds, consumable cost savings and exceptional repeatability, with less dross and better edge quality that reduces post-process operations.

Cost-effective cutting using power fiber lasers

Laser cutting is a process that is outsourced to specialist job shops. This article presents the affordability of cutting with medium power fiber lasers.

200 VN firms in Samsung chain

Nearly 200 Vietnamese enterprises are participating in the component supply chain used by three Samsung plants in Viet Nam, including 20 tier-1 vendors and 178 tier-2 vendors.
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