The car industry is expected to grow in the coming years, despite the volatile macroeconomic backdrop. Global car sales in 2023 are forecast to top 69 million, fuelled by greater penetration in emerging markets, growing adoption of electric vehicles and the reopening of China following its relaxation of Covid-19 restrictions. When coupled with consistent production volume and the sector's demand backlog, these opportunities offer some resilience to the cost-of-living crisis and supply chain problems that are impacting sales and production. We expect car sales to rise further to 74 million in 2024, continuing the upward trajectory we have seen since 2020 toward the levels attained in the years before the pandemic.

An electronic system is a hierarchical interconnection network that enables communication among different electronic devices. Several interconnects are required for the signal transmission and power distribution needed to ensure proper functioning of electronic devices. Electrical connectors are classified into three types based on their termination ends: board-to-board connectors, cable/wire-to-cable/wire connectors, and cable/wire-to-board connectors.

Vietnam’s electronics industry (EI) plays a crucial role in Vietnam’s fast-growing economy contributing to Vietnam’s successes in its manufacturing industry.

Electrodes and electrode materials are metals and other substances used as the makeup of electrical components. They are used to make contact with a nonmetallic part of a circuit, and are the materials in a system through which an electrical current is transferred.

Vietnam is an attractive market for pharmaceuticals. It is estimated that the country imports around 60 percent of total demand for this product. The development of this sector is forecast to attract US$100 million of investment throughout the industry and increase the pharmaceutical market value by up to US$27.6 billion, according to accounting firm KPMG.

Operations in the oil and gas industry heavily rely on pipeline systems. Any fault in these systems may result in environmental disasters, significant fluid loss, and serious contamination. That’s why pipeline systems count on different kinds of valves to regulate the flow of oils and gases in them. Valves play a crucial role in the safe and secure management of industrial operations. Some operations are conducted under extreme pressures and temperatures; hence the valves are made accordingly to adapt to such conditions. Stainless steel, forged steel, cast steel, PVC, etc., are commonly used in constructing such valves. In the oil and gas industry, valves have major applications in upstream, midstream, and downstream operations. Do you want to know more about 0the types of valves in oil and gas industry? Fine, Let’s DBV tell you now! We’re a professional oil and gas valves manufacturer in China, has been focusing on providing custom oil and gas valve solutions to global clients since 2

The global semiconductor race is heating up and Vietnam is very much part of it. The presence of leading global corporations such as Intel and Samsung in the country as well as the government’s efforts to encourage both international and domestic manufacturers are driving the further development of semiconductor manufacturing, raising Vietnam’s position on the global semiconductor manufacturing map.