inspiriences

At last week’s press conference on upcoming exhibitions involving the supporting and manufacturing industries, Vu Ba Phu, director general of the Vietnam Trade Promotion Agency under the Ministry of Industry and Trade (MoIT), noted that despite significant progress over recent years, Vietnam’s supporting industries currently meet only around 10 per cent of domestic demand for components. “This remains a substantial challenge, especially when Vietnam spends billions of US dollars annually to import parts for domestic production,” Phu stated. “As of late 2024, Vietnam has more than 6,000 supporting industry enterprises active in textiles, automotive assembly, footwear, mechanics, and electronics. These businesses have made important contributions to Vietnam’s industrial growth and helped boost the trade surplus from $2 billion in 2017 to over $28 billion in 2024.” In the automotive industry, the localisation rate has remained stagnant at just 7–10 per cent, far below the national...

Haruhiko Ozasa, chief representative of the Japan External Trade Organization in Hanoi, spoke to VIR’s Phuong Thu about the significance of fostering stronger links between Vietnamese and Japanese supporting industries amid shifting global supply chains. Haruhiko Ozasa, chief representative of the Japan External Trade Organization in Hanoi What is the significance of connecting Vietnamese and Japanese supporting and manufacturing industries through trade promotion? For Japanese companies, expanding transactions with Vietnamese companies offers benefits such as cost reduction through local procurement and diversification of supply chains. For Vietnamese companies, doing business with Japanese firms provides opportunities to participate in global supply chains. In terms of the Vietnamese economy, promoting supporting industries is expected to strengthen the industrial base and supply chains. Amid increasing global economic uncertainty, the importance of enh...

Many in the tool game equate the DeWalt name with pro-grade toughness at a consumer-friendly price, and just as many equate the name with good, old-fashioned American ingenuity. The company was founded in Leola, Pennsylvania, by Raymond DeWalt more than 100 years ago. DeWalt, of course, founded his namesake company on the back of his game-changing radial arm saw , which was, as you might expect, 100% made in the USA. DeWalt has gone on to become one of the best major tool brands on the market . However, the brand and its offerings have grown so much that, unfortunately, not all of the tools bearing the DeWalt badge are made in America these days, with the company operating production facilities in China, Taiwan, and other Asian countries. Still, some tools from the Stanley Black & Decker-owned outfit reportedly originate in manufacturing plants in the USA, including Charlotte, NC, Cheraw, SC, Greenfield, IN, Hampstead, MD, Jackson, TN, Shelbyville, KY, an...

Walmart customers in Owens Cross Roads will notice something new when they pull into the pickup zone. Earlier today, the retailer opened a newly expanded and unique pickup area , one built using cutting-edge 3D printing technology. While the online order and pickup process at Walmart remains familiar to shoppers locally and nationwide, the new pickup center at this location stands out due to its modern construction methods. "We’re able to build what I call the iPhone of construction, where we built a building in seven days, which nobody had ever done before," said Patrick Callahan, CEO of Alquist 3D, the company behind the innovative project. The 5,000-square-foot structure is made up of 16-foot walls of 3D-printed concrete, a method that officials say addresses two major challenges in the construction industry: cost and time. "We set about a 15% savings over traditional construction, as well as cut three weeks off the schedule," explained Dari...

It also indicates that we might see some kind of product within the upcoming 12 months. However, the question remains: What exactly? Say the name ' Damon Motorcycles In a crowd of people, odds are high you'll encounter one of three responses. From those who aren’t into motorcycles as well as from beginners, you might hear a “Who?” response. For enthusiasts, though, they may respond with a puzzled “Are they still active?” And if someone tends to be skeptical, their answer could likely mirror “Do you mean Skully 2.0?" Recently, we discussed the ups and downs of Damon Motorcycles, so I'll skip revisiting those details. Rather, my focus today is on the company itself. recent announcement In collaboration with Italian design and prototyping company Engines Engineering, they aim to create “the HyperSport Race Program,” intended to showcase “Damon’s technologies.” This initiative appears to be an extension of their current technological de...