Vietnam’s attraction of overseas electronics and technology conglomerates cannot be overlooked. 

For the first time since launching in the market, Vsmart has surpassed Apple in retail revenue.

After five years of holding a 49% stake in Nguyen Kim Trading JSC, Thailand’s Central Group has now taken full control of the local firm's home appliance store chain, as confirmed in its recent financial reports.

Foreign investment in six priority industries under the industrialization strategy accounted for 27% of total registered capital in Vietnam from 2013 to March 2019, focusing on electronics, automobiles and energy saving.

The website and facebook page of Vien Thong A has officially been renamed to VinPro, Vingroup’s retail brand for high-tech products.

The decrease of net profit in the period between April and September may impact the plans of Sharp Corporation to develop a new factory in Vietnam.

VietNamNet Bridge - To be able to take full advantage of the opportunities in the digital economy, Vietnam needs a reasonable long-term development strategy for the electronics & IC industry.

The domestic market is being dominated by foreign brands, but Vietnam-made products are still available, targeting low-income earners.

Vietnamese businesses cannot squeeze into foreign conglomerates’ global production chains, even though they can make products satisfying requirements by importers in developed countries.

 More than 300 units from 20 countries and territories worldwide have registered to participate in the Vietnam ICT COMM slated for June 7-9 in Ho Chi Minh City. 

VietNamNet Bridge - Vietnam’s electronics industry has been growing very rapidly over the last few years, playing an increasingly important role in the country’s industrial production.

HCM City sees strong economic growth in first six months, Startup exchange called not feasible, 30 million USD poured in domestic wood company, Exports of computers, electronics, spare parts see strong growth

 BMW World Expo to be held in Hanoi, Excise taxes on car imports adjusted, Elderly foreigners keen on Vietnamese housing, Electronics, refrigeration retail to make gains, M&A information to be released

VietNamNet Bridge - A comment from a Thai businessman that Vietnam is striving to reach the Number 1 position in the ASEAN electronics industry has stirred up the public.

 VietNamNet Bridge – A number of the largest global technology groups have set up their factories in Vietnam, giving many reason to believe that Vietnam is destined to become the world’s major electronics production base.

A lot of mistakes were made in the past, leading the failure of the plans on the development of many key industries. The supporting industries, therefore, cannot grow up.