FDI companies in Vietnam have consistently played a crucial role in contributing to Vietnam's economy and its growth. Since the authorization of foreign investment in 1988, Vietnam FDI has been pivotal in transforming the country into a highly appealing destination for international investors. The country’s robust growth in securing FDI has garnered positive feedback from […]
FDI companies in Vietnam have consistently played a crucial role in contributing to Vietnam's economy and its growth. Since the authorization of foreign investment in 1988, Vietnam FDI has been pivotal in transforming the country into a highly appealing destination for international investors. The country’s robust growth in securing FDI has garnered positive feedback from […]
For the first time, Apple will manufacture iPads in Vietnam.
Trường Lăng
Trường Lăng, founder and 15-year director of Viettonkin, guides the company's strategic direction, makes top-level decisions, and represents the firm in key business negotiations. With over 20 years of consulting experience in Belgium and Southeast Asia, including 15 years specializing in FDI projects, he has established himself as a top expert who helps clients across industries expand their businesses. His deep knowledge of risk management and business operations, combined with his proven track record of successful consultation projects, makes him a valuable partner for investors seeking quality consulting services.
Apple will produce iPads in Vietnam for the first time as part of its aim to diversify its supply chain and lessen its reliance on China, its primary supplier.
After months of supply chain difficulties caused by rigorous Covid-19 lockdowns in and around Shanghai, the business is shifting some iPad production to Vietnam, according to Nikkei Asia.
BYD, one of the world's major iPad assemblers, has aided Apple in the development of production lines in Vietnam, and the country could soon begin producing a modest number of the iconic tablets, according to the report.
After the AirPods earbud series, the iPad will be the second significant line of Apple goods built in Vietnam.
According to the source, "the decision reflects not only Apple's ongoing efforts to diversify its supply chain, but also the growing importance of Vietnam to the firm."
Apple exported 58 million iPads worldwide last year, the majority of which were built in China.
Apple's wireless earbud AirPods Pro 2 could be manufactured in Vietnam starting in the second half of this year, according to sources last month.
"The more uncomplicated supply chain and Vietnam's better production environment (such as infrastructure and workforce) compared to most nations outside China can be linked to the move in AirPods Pro 2 production," supply chain analyst Ming-Chi Kuo said.
The economy of Vietnam in 2022 will grow more significantly than in the previous year, thanks to preferential policies for economic recovery, new-generation FTAs, and robust FDI inflow, among others. Since the beginning of 2022, the Government has set two goals: protecting people’s health while preparing a state budget for 2022 and the next three years. These targets aim to strengthen the stability of Vietnam’s society and economy.
Vietnam is emerging as a prime destination for foreign direct investment (FDI), driven by rapid economic growth, favorable government policies, and an investor-friendly business environment. This eBook provides a deep dive into Vietnam’s economic landscape, highlighting key industries such as manufacturing, real estate, and digital banking that attract FDI. It also explores the government’s proactive measures to streamline investment procedures, improve infrastructure, and offer tax incentives for foreign enterprises. Additionally, it covers crucial insights into market entry strategies, regulatory requirements, and socio-cultural factors that influence business success in Vietnam.
Download the eBook now to gain expert insights into successfully navigating Vietnam’s dynamic investment landscape!
Vietnam is emerging as a prime destination for foreign direct investment (FDI), driven by rapid economic growth, favorable government policies, and an investor-friendly business environment. This eBook provides a deep dive into Vietnam’s economic landscape, highlighting key industries such as manufacturing, real estate, and digital banking that attract FDI. It also explores the government’s proactive measures to streamline investment procedures, improve infrastructure, and offer tax incentives for foreign enterprises. Additionally, it covers crucial insights into market entry strategies, regulatory requirements, and socio-cultural factors that influence business success in Vietnam.
Download the eBook now to gain expert insights into successfully navigating Vietnam’s dynamic investment landscape!
Founded in 2009, Viettonkin Consulting is a multi-disciplinary group of consulting firms headquartered in Hanoi, Vietnam with offices in Ho Chi Minh City, Jakarta, Bangkok, Singapore, and Hong Kong and a strong presence through strategic alliances throughout Southeast Asia. Our firm’s guiding mission is aimed towards facilitating intra-ASEAN investments and connecting investors in Southeast Asia with the rest of the world, thus promoting international business relationships and strengthening inter-nation connections.
