Page 14 - Vietnam

BIS issued 29 licences to foreign toy manufacturing units, says govt

Sixteen licences were issued to Vietnamese units, four licences to Malaysian units and the rest were issued to Hungary, Indonesia, Thailand, Sri Lanka and Czech Republic

India in the GVC diversification strategy: A reality check

For MNCs relocating from China, India needs substantial catching up relative to Vietnam to be considered a significant contender

Indian operations to play key role in Skoda Auto's entry into Vietnam

India is emerging as a key manufacturing hub for the Skoda Group that will venture into the Vietnamese market, the Skoda Auto Volkswagen India Private Ltd said on Wednesday.

Expand PLI scheme for electronics inputs and components, ICEA tells Centre

The organisation has projected that components and sub-assemblies could provide a $100-billion export opportunity in the next five years

Marico to acquire Vietnamese personal care brands 'Purit de Prvence', 'liv'

Marico on Friday said it will acquire Vietnam-based Beauty X Corporation, which owns female personal care brands 'Purit de Prvence' and 'liv', in an all-cash deal for 493 Billion Vietnamese Dong (about Rs 172 crore). The move will help the homegrown-FMCG major to expand its presence in Vietnam. Its wholly owned subsidiary, Marico South-East Asia Corporation (MSEA) has entered into a definitive agreement to acquire 100 per cent of Beauty X Corporation, a firm which operates in the beauty and personal care space offering products such as shower gels, shampoos, conditioners, face wash and lotions among others. "The transaction will expand Marico's presence in the female personal care segment in Vietnam, with an offering of a range of premium and differentiated hair care and skin care products, while also realising various operational synergies," the company said. The transaction is expected to be completed by March 31, 2023, subject to requisite regulatory approvals and customary clos

Violent clashes in China likely to boost India's iPhone exports

India could account for up to 20% of Apple's global production capacity by FY26

Indian mission holds musical night in Vietnam to celebrate bilateral ties

Musical evening by 'Indian Ocean Band' was held at Hanoi Opera House to mark 50th Anniversary of Diplomatic Relations in collaboration with the Ministry of Culture, Sports and Tourism

Will promote political, security cooperation with India: Vietnam envoy

"India is one of the three comprehensive strategic partners of Vietnam. There is so much potential in bilateral cooperation in the upcoming years, especially in economic cooperation

Top Headlines: Diesel car cost likely to rise, recession in 2023, and more

Indian CEOs are expecting a decline in growth prospects of companies and the country, but are expecting to bounce back in the short-term, a report said

Bangladesh, Vietnam seen as competitors in textile and garment trade

With a share of about 13 per cent, UP is one of the top three domestic textile players. Bangladesh, Vietnam, and Indonesia are the leading textile exporters in the Asia region.

Vietnam giving India a run for its money in the China Plus-One game

The smaller nation is scoring high in attracting global corporations and their suppliers

HCLTech to boost presence in Mexico; to hire 1300 employees over next 2 yrs

The new centre in Guadalaraja will enable the company to serve its local and international client base across industries

Vietnam logs first monkeypox case after infected woman returns from Dubai

Vietnam's Health Ministry has said that a 35-year-old woman had been diagnosed with monkeypox, who became the first case of monkeypox detected in the Southeast Asian country

Why a non-tea player like Carbon Resources is eyeing McLeod Russel

With a crop of 44 mkg across 31 estates in Assam and two in Dooars, McLeod is a Goliath in the world of tea. It has estates in Africa and Vietnam and its total output worldwide is 73 mkg

Covid's medium-term impact and India's Human Development Index loss

While some of the HDI loss will survive into the future, it does not necessarily affect India's index rank in relation to others, which is down by just one over the six years to 2021, writes T N Ninan

At least 32 killed in fire at karaoke bar in Vietnam's Ho Chi Minh City

In a report on Wednesday, Cong An Nhan Dan newspaper, the official mouthpiece of the Public Security Ministry, said the victims comprised 17 men and 15 women

India's air traffic may grow annually by average 7% till 2040: Boeing

Boeing said on Thursday that India has on average 23 million people travelling using trains daily and even if one per cent of them shift to the aviation market, the air traffic will double

Bangladesh to import rice from Vietnam and India to replenish reserves

Bangladesh is finalising deals with Vietnam and India to import a total of 330,000 tonnes of rice as it races to replenish reserves and cool domestic prices

OVL gets another 2-yr extension for Vietnamese oil block in South China Sea

India's flagship overseas firm ONGC Videsh Ltd has got the seventh extension to explore for oil and gas in a Vietnamese block in the contested waters of the South China Sea, officials said. OVL, the overseas arm of state-owned Oil and Natural Gas Corporation (ONGC), has secured extension of the exploration phase upto June 15, 2023, they said. The company has not found any commercially recoverable oil and gas reserves in the block in the 16 years it has been exploring there but has continued presence there because of India's strategic interest in the South China Sea. Vietnam too wants the Indian firm to counter China's interventions in the contested waters. OVL had signed a production sharing contract (PSC) with Vietnam's national oil firm PetroVietnam for deepwater exploratory Block- 128 having an area of 7,058 square kilometres in Offshore PhuKhanh Basin, Vietnam in May 2006. An investment licence was issued to it on June 16, 2006, thereby giving effect to the PSC. The firm has .

Chinese firm Evergrande's fall should also serve as a warning to Vietnam

China Evergrande Group's debt blowup, with the tumbling home prices and mortgage boycotts that followed, have sent the economy into its deepest spin since the Cultural Revolution