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Vietnamese companies are hoping to make big bucks selling popular foods like fried chicken and crispy pork skin. Nguyen Ngoc An, general director of Vietnam Livestock Industry Company (Vissan), sees great potential in the snacks market. He is not referring to…
Representatives of Korea’s major automakers and parts makers and industry officials gathered in Seoul Wednesday to discuss ways to breathe new life into the sluggish sector. The chief executives of the big five automakers — Hyundai Motor, Kia Motors, GM…
Bangladesh is battling to keep its position as the world’s second-largest exporter of clothing after China, as it faces intensifying competition from Cambodia, Vietnam, Myanmar and now African countries like Ethiopia as global brands search for cheap labor.…
Japanese automaker Mitsubishi Motors plans to expand its Vietnam operations by moving to full-scale production of parts within the country. The company’s CEO Osamu Masuko said at the global launching ceremony of the Mitsubishi Triton pickup truck in Bangkok…
Chinese consumer durables firm Midea aims to manufacture its products locally in the country by next year and is setting up a new facility in Pune at an investment of Rs 1,350 crore. “India is a strategic growth market and we expect our investments in this…
Korea’s smartphone parts industry has been in decline. Squeezed by price-competitive Chinese producers and a saturated market, it is losing sales and workers. The difficulties faced by suppliers just add to Korea’s manufacturing concerns, as profits slump at…
Japan’s Honda Motor said Tuesday it was raising annual forecasts after first-half profits rose over 19 percent on motorcycles sales in Asia. Japan’s third largest automaker now expects net profit to reach 675 billion yen ($6 billion) for the fiscal year…
Malaysia’s April manufacturing sales recorded a growth of 8.2% to RM65.5 billion compared with RM60.5 billion reported a year ago, according to the Statistics Department. The significant increase in sales value in April was due to the increase in electrical…
Manufacturing sales in Malaysia soared 10.8% to RM67.8 billion in January this year compared with RM61.2 billion in the same month of 2017. The Department of Statistics said in a statement today the significant increase in sales value was due to increases in…
Pou Sheng International Ltd, a unit of the world’s largest producer of branded footwear, recorded the largest intraday plunge in its stock price since 2008, after firing its chief financial officer for publishing inaccurate sales figures, and announced the…
The Made In China label has become synonymous with cheap fabrics and fast fashion — but that’s changing just as quickly as the industry grew. As the country’s economy shifts from one of manufacturing to consumption, the quick and dirty goods so beloved by the…
Vietnamese manufacturers’ biggest rival is Thailand, experts say. The country exports a wide range of goods, from chicken to slippers, from cosmetics to electric cookers. Most recently, Central Group has acquired Big C at the price of $1.04 billion Figures…
India is rising, not only as a new choice of relocating labour-intensive industries from China, but also as a retail market of good potential, says a research report by The Hong Kong Trade Development Council (HKTDC). In recent years, the sustained rise in…
Thai products can be seen everywhere, gradually replacing cheap Chinese low-quality goods on supermarkets’ shelves and at pavement shops. “In the past, Chinese motorbike accessories flooded the domestic market, but 70-80 percent of the products available in…
Toshiba Global Commerce Solutions today announced its continued commitment to Singapore with an expanded manufacturing presence to include the SurePOS 700 series of POS systems. Known for delivering state of the art ODM/OEM products for Fortune 500 companies…
