Samsung’s meal supply arm opens new logistics center in Vietnam

Samsung’s meal supply arm opens new logistics center in Vietnam

Welstory, the meal supply arm of South Korean chaebol Samsung, has opened a new logistics center in Vietnam’s northern province of Bac Ninh, featuring a cold chain system.

Industries - Fri, May 10, 2024 | 11:31 am

Bac Ninh receives $745.2 mln in Q1 foreign investment, coming second in Vietnam

Bac Ninh receives $745.2 mln in Q1 foreign investment, coming second in Vietnam

Vietnam’s northern industrial province of Bac Ninh attracted total foreign investment of $745.2 million in the first quarter (Q1) of this year, coming second nationwide in terms of foreign capital inflows with a 12.1% share, reported the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.

Investing - Fri, April 5, 2024 | 9:08 am

Finnish parliament speaker joins inauguration of $57 mln waste-to-energy plant in northern Vietnam

Finnish parliament speaker joins inauguration of $57 mln waste-to-energy plant in northern Vietnam

The Thang Long-Bac Ninh waste-to-energy plant in the northern province of Bac Ninh was inaugurated Tuesday in the presence of Finnish parliament speaker Jussi Halla-aho.

Energy - Wed, March 27, 2024 | 5:04 pm

Chinese electronics materials maker to build $50 mln factory in northern Vietnam

Chinese electronics materials maker to build $50 mln factory in northern Vietnam

Guangdong SQ New Material Co., a Chinese manufacturer of materials used in the electronics industry, is exploring opportunities to build a $50 million plant in Bac Ninh province.

Industries - Tue, March 26, 2024 | 4:09 pm

China favors investment in northern Vietnam province

China favors investment in northern Vietnam province

Investors from China, which covers mainland China, Hong Kong, Taiwan and Macau, are increasingly turning to Vietnam’s northern province of Bac Ninh as an investment destination as the supply chain shift gathers pace.

Industries - Sun, March 24, 2024 | 2:48 pm

Samsung-Apple supplier Goertek to run $280 mln project in northern Vietnam next quarter

Samsung-Apple supplier Goertek to run $280 mln project in northern Vietnam next quarter

Goertek Electronics Vietnam Co., Ltd., a major supplier to Samsung and Apple, plans to start operating a $280 million investment project in the northern province of Bac Ninh next quarter.

Industries - Fri, March 22, 2024 | 4:33 pm

Chinese chipmaker Victory Giant Technology to invest $800 mln in northern Vietnam

Chinese chipmaker Victory Giant Technology to invest $800 mln in northern Vietnam

Victory Giant Technology Group, a major China-based printed circuit board (PCB) manufacturer, will acquire 10 hectares in Bac Ninh province to implement an $800 million investment in northern Vietnam.

Industries - Wed, March 20, 2024 | 11:07 am

Industrial Center Yen Phong 2C ranked among top 10 potential industrial park real estate projects in 2024

Industrial Center Yen Phong 2C ranked among top 10 potential industrial park real estate projects in 2024

Industrial Centre Yen Phong 2C has been ranked among the top 10 potential industrial park real estate projects in 2024.

Companies - Tue, March 19, 2024 | 10:59 am

Samsung Electro-Mechanics, Samsung SDI post Vietnam revenue of $2.4 bln in 2023

Samsung Electro-Mechanics, Samsung SDI post Vietnam revenue of $2.4 bln in 2023

Samsung Electro-Mechanics (SEM) - the semiconductor and camera module arm of South Korea chaebol Samsung, and Samsung SDI - the battery arm of Samsung, earned combined revenue of $2.36 billion in Vietnam in 2023, according to their separate financial statements.

Companies - Fri, March 8, 2024 | 11:00 am

US chipmaker Amkor eyes H2 production boost in Vietnam

US chipmaker Amkor eyes H2 production boost in Vietnam

U.S.-headquartered Amkor Technology Inc. plans to begin high-volume manufacturing at its Vietnam facility in the northern province of Bac Ninh from the second half of this year.

Companies - Wed, March 6, 2024 | 3:49 pm

Coating giant AkzoNobel launches production facilities in northern Vietnam

Coating giant AkzoNobel launches production facilities in northern Vietnam

Netherlands-based AkzaNobel says the inauguration of production facilities worth €18.5 million ($20.1 million) in the northern province of Bac Ninh will boost its position in Asia.

Industries - Tue, March 5, 2024 | 2:27 pm

US semiconductor firm Kine SIC Semi eyes $200 mln investment in northern Vietnam

US semiconductor firm Kine SIC Semi eyes $200 mln investment in northern Vietnam

Kine SIC Semi, a U.S.-based semiconductor business, plans to invest $200 million in building a factory with an initial size of 7,500 square meters in Vietnam’s northen province of Bac Ninh, the firm said to the provincial authorities on Wednesday.

Industries - Fri, March 1, 2024 | 3:56 pm

Canon Vietnam reaps $1.52 bln in 2023 revenue, targets 28% growth

Canon Vietnam reaps $1.52 bln in 2023 revenue, targets 28% growth

Canon Vietnam Company Limited recorded revenues of $1.52 billion and paid VND205.9 billion ($8.37 million) to the state budget last year.

Companies - Thu, February 22, 2024 | 9:14 pm

Samsung’s Vietnam subsidiaries post 2-digit drop in sales, profit

Samsung’s Vietnam subsidiaries post 2-digit drop in sales, profit

Four Vietnamese subsidiaries of South Korean giant Samsung Electronics reported revenues of KRW81,146.7 billion ($60.83 billion) in 2023, down 11.83% year-on-year; and after-tax profits of KRW5,263.1 billion ($3.95 billion), down 13.09%.

Companies - Wed, February 21, 2024 | 1:59 pm