China’s BYD to repair Apple tablets with $375 mln northern Vietnam project
Chinese giant BYD is set to repair Apple tablets at its factory in Vietnam’s northern province of Phu Tho.
According to a recent project report, BYD Electronics (Vietnam) Company Limited is seeking permission to install three production lines for tasks related to glue, serving the repair of iPads, with an hourly capacity of 20,000 cubic meters of glue per line.
A BYD factory in Phu Tho province, northern Vietnam. Photo courtesy of Hop Luc Construction JSC.
The factory, located in Phu Ha Industrial Park of the northern province, is set to repair Apple tablets manufactured by BYD in Vietnam and around the world, with an annual output of 600,000 items.
BYD started investing in the Phu Tho factory 2021 and has so far increased the investment to over VND9,515 billion ($375.3 million). Its latest investment hike was made in August 2023 with $144 million.
In addition to repairing iPads, the factory has an annual output of 14.4 million tablets, 1.87 million plastic tablet covers, 540,000 drone cameras (flycam) of DJI brand, 2.4 million 4G-5G chips and modules, 3.59 million computer mouse components, 8.6 million lithium batteries, and 9.36 million steel tablet covers.
- Related News
- Read More
Vietnam’s CNCTech becomes strategic investor in Japan-backed Dragon Logistics
Vietnamese industrial corporation CNCTech, through its subsidiary Dravico, has become a new strategic investor in Dragon Logistics, a Japan-backed joint venture.
Companies - Thu, October 30, 2025 | 1:35 pm GMT+7
Standard Chartered, HSBC raise Vietnam growth forecasts for 2025
Standard Chartered has raised its Vietnam GDP growth forecast to 7.5% for 2025 from the previous 6.1%, and to 7.2% for 2026 from 6.2%, following HSBC's revising up its prediction to 7.9% (from 6.6%) and 6.7% (from 5.8%), respectively.
Economy - Thu, October 30, 2025 | 9:44 am GMT+7
Vietnam parliament's resolution to allow more buyers under direct power purchase arrangements
The upcoming parliamentary resolution on mechanisms and policies to remove obstacles to national energy development for 2026-2030 will provide an open legal corridor that accelerates power grid and generation projects, writes Tran Hoai Trang, deputy director of the Electricity Authority.
Energy - Thu, October 30, 2025 | 9:00 am GMT+7
Tan Cang Offshore Services's Q3 profit triples on strong offshore demand, higher margins
Tan Cang Offshore Services JSC (UpCoM: TOS), a subsidiary of the military-run Saigon Newport Corporation, posted a threefold jump in Q3 net profit as offshore demand strengthened and margins improved.
Companies - Thu, October 30, 2025 | 8:05 am GMT+7
HCMC apartment prices keep climbing as supply shortfall persists
Apartment prices in Ho Chi Minh City show no signs of cooling as new supply remains tight and affordability continues to worsen, pushing buyers toward neighboring provinces, according to reports from Savills and CBRE Vietnam.
Real Estate - Thu, October 30, 2025 | 7:23 am GMT+7
The Investor to hold green energy transition seminar today
The Investor will organize a seminar entitled “Green Energy Transition from Perspective of Politburo’s Resolution No. 70” in Hanoi on Thursday, October 30.
Companies - Thu, October 30, 2025 | 7:00 am GMT+7
HCMC backs VinSpeed's plan to extend metro line in downtown city
Ho Chi Minh City authorities have approved a proposal by VinSpeed, a high-speed rail subsidiary of Vingroup (HoSE: VIC), to extend its planned metro line to begin at Ben Thanh market in downtown city, aiming to strengthen connectivity with the broader urban rail network.
Infrastructure - Wed, October 29, 2025 | 5:19 pm GMT+7
Sabeco posts strongest quarterly profit in over 3 years despite weaker sales
Ho Chi Minh City-based Sabeco (HoSE: SAB), majority owned by Thai Beverage, reported its highest quarterly profit since early 2022, supported by lower input costs and tighter expense control despite weaker sales.
Companies - Wed, October 29, 2025 | 2:44 pm GMT+7
Vietnam's stock market trading at reasonable valuation: broker
The VN-Index’s recent pause is a normal correction within a medium- to long-term uptrend. A stable macroeconomic foundation, the government’s goal of double-digit GDP growth for 2026-2030, and a low interest-rate environment will continue to underpin the market, said Truong Hien Phuong, a senior director at KIS Vietnam Securities.
Finance - Wed, October 29, 2025 | 12:43 pm GMT+7
Vietnam PM urges Singapore to join country’s international financial center development
Prime Minister Pham Minh Chinh has called on Singapore to support Vietnam’s strategic industries, including semiconductors, renewable energy, innovation, and the digital economy, and take part in the country's international financial center development.
Economy - Wed, October 29, 2025 | 9:36 am GMT+7
Vietnam at a glance: HSBC
Given the big upside surprise in Vietnam's economic expansion in Q3, HSBC is now raising its GDP growth forecast for the country to 7.9% for 2025 (from 6.6%), and 6.7% for 2026 (from 5.8%), write the bank's analysts.
Economy - Wed, October 29, 2025 | 9:00 am GMT+7
Driving forces of Masan Group's substantial profit growth
Profit after tax in Q3 of Masan (HoSE: MSN), Vietnam's leading multi-sector group, jumped 43% to VND1,866 billion ($70.9 million) from a year earlier, as most of its business units recorded improved performance.
Companies - Tue, October 28, 2025 | 4:16 pm GMT+7
China’s Pacific Construction eyes urban, infrastructure projects in central Vietnam
Pacific Construction Group (PCG), a leading construction firm in China, has expressed interest in developing urban and transport infrastructure projects in Nghe An and Ha Tinh, two key provinces in Vietnam’s north-central region.
Infrastructure - Tue, October 28, 2025 | 3:55 pm GMT+7
Vingroup’s arm Vincom Retail sells Hanoi mall operator stake for $138 mln
Vincom Retail (HoSE: VRE), Vietnam’s leading retail property developer and a subsidiary of Vingroup (HoSE: VIC), has completed the sale of its entire equity interest in the operator of a Hanoi project as part of its investment optimization strategy.
Companies - Tue, October 28, 2025 | 3:48 pm GMT+7
Resolution 70: A 'pathway' for green energy in Vietnam
Resolution No. 70, issued on August 20, 2025 by the Politburo, Vietnam's highest decision-making body, is seen as a strategic “pathway” for green and renewable energy projects, ensuring Vietnam’s national energy security goals.
Energy - Tue, October 28, 2025 | 2:29 pm GMT+7
Vietnam, Russia to speed up agreement for construction of nuclear power plant
Vietnam and Russia have agreed to accelerate discussions and negotiations so as necessary agreements could be signed soon for the construction of Vietnam’s first nuclear power plant in Khanh Hoa province as planned.
Energy - Tue, October 28, 2025 | 9:15 am GMT+7
