Vietnam


Supplier shares hit by Apple ‘cut-off woes’ over Xinjiang labour

Supplier shares hit by Apple ‘cut-off woes’ over Xinjiang labour

(ATF) Shares of Apple’s Chinese suppliers – Goertek, Luxshare Precision Industry, Lens Technology and Lingyi iTECH Manufacturing – have plummeted in the last two months after reports that Ofilm Group, a camera module maker blacklisted by Trump over “forced labour” allegations in Xinjiang, was removed from Apple’s supply chain. While …

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Singapore heads for arbitration dominance over Hong Kong

Singapore cements arbitration venue dominance over Hong Kong

(ATF) Singapore has outpaced Hong Kong as a venue for arbitration in a further blow to the Chinese special administrative region's once-respected legal system.The Singapore International Arbitration Centre (SIAC) said a record 1,080 new cases had been filed in 2020, more than double the figure of the previous year, underscoring …

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Foxconn reported to be seeking Vietnam EV partnership

Foxconn reported to be seeking Vietnam EV partnership

(ATF) Taiwan's contract manufacturing giant Foxconn is in early stage talks with a Vietnamese carmaker about a partnership to produce electric vehicles (EV), according to weekend reports.Foxconn has proposed acquiring VinFast's EV production lines, Reuters reported, but VinFast, a unit of Vietnam's largest conglomerate Vingroup, prefers a partnership.The Vietnamese company …

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Vietnam’s uneven green energy push just became murkier

Vietnam’s uneven green energy push just became murkier

(ATF) The Asia-Pacific region, which stretches from Australia to the Indian Ocean, and north to China, Japan, Taiwan, and South Korea, has historically been known for having the most coal intensive footprint on the planet, with associated health and environmental concerns. The region includes two of the world’s most populous …

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Vietnam reveals growth surge targets and hi-tech hub plans 

Vietnam reveals growth surge targets and hi-tech hub plans 

Having sidestepped the worst of the coronavirus pandemic so far, Vietnam is aiming to rev up its economy over the next five years, trusting its custom-tooled mix of free trade deals, privatisation and tight Covid-19 curbs. Armed with a raft of free trade deals envied by regional peers and now …

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Taiwan investors prefer home comforts but new lands tempt too 

Taiwan investors prefer home comforts but new lands tempt too

Taiwanese officials recorded another robust year for capital invested at home, including a chunk from overseas, but analysts say the trend is tapering off as traditional offshore investment patches become more attractive. A total of 790 Taiwanese investors had applied to spend about NT$1.18 trillion ($42.1 billion) on projects at …

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Trump's parting trade shot at ‘currency manipulator’ Vietnam 

Trump's parting trade shot at ‘currency manipulator’ Vietnam 

President Donald Trump is likely to unveil proposed tariffs on Vietnamese goods before he leaves office in January, currency and trade experts say, after the US Treasury branded the growing trade partner a "currency manipulator" last week. US companies that import goods from Vietnam should brace themselves for significant tariffs …

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China dodges currency manipulator tag by the US

China dodges currency manipulator tag by the US

(ATF) The US Treasury on Wednesday December 15 declared that Switzerland and Vietnam are currency manipulators. China escaped the manipulator tag, which could give US investors greater confidence to buy high-yielding Chinese assets.The US Treasury department, in one of its last significant decisions under President Trump’s outgoing Treasury Secretary Steve …

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The great rotation: Is 2021 the year for ASEAN and India to shine?  

The great rotation: Is 2021 the year for ASEAN and India to shine?  

(ATF) As a region, Asia has done well in dealing with Covid-19 relative to the rest of the world. But not everyone is looking at the 2020 rearview mirror with a self-congratulatory pat in the back: Vietnam, China and North Asia did decidedly better than India and ASEAN economies (excluding …

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Foxconn to make iPads, MacBooks in Vietnam

Foxconn to make iPads, MacBooks in Vietnam

Foxconn is moving some iPad and MacBook assembly to Vietnam from China at the request of Apple, a person with knowledge of the plan has revealed, as the US firm diversifies production to minimise the impact of a Sino-US trade war.The development comes as the outgoing administration of US President …

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