bizhub
VN's food processing industry struggles to improve quality and value chain integration
1.
 |
| Hà Nội’s leader expects to bring iPhone production lines of Chinese firms to the capital city. - Photo Daily Star |
Viet Nam News
HÀ NỘI — Chairman of the People’s Committee of Hà Nội Nguyễn Đức Chung expects a Chinese group to bring its iPhone production line to the capital city.
The information was shared by Vũ Tiến Lộc, Chairman of the Việt Nam Chamber of Commerce and Industry (VCCI), during a meeting between the Prime Minister’s task force group and the Hà Nội People’s Committee on Thursday.
According to Lộc, in the context of the accelerating US-China trade war, there is a wave of factories shifting production from China to Việt Nam, in which the northern region and Hà Nội are top destinations for investors.
Earlier, Apple’s AirPods assembler, Chinese firm GoerTek, confirmed plans to shift production out of China to avoid the escalating trade war between the US and China. The producer has notified suppliers that it intends to move production of the wireless earphones to Việt Nam, the Nikkei Asian Review reported.
Cheng Uei, which supplies chargers and connectors for iPhones and Android smartphones, also said it was considering bringing some production back to Taiwan and Southeast Asia because of the trade tensions between Washington and Beijing.
The group is evaluating new facilities in Thailand, Việt Nam and the Philippines. — VNS
