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

Thailand WHA targets $1 bln additional investment in central Vietnam province: CEO

Thailand WHA targets $1 bln additional investment in central Vietnam province: CEO

WHA Industrial Development, a leading Thai firm, has invested $200 million in the central province of Nghe An and targets to pour another $1 billion over the next five years.

Industrial real estate - Thu, January 18, 2024 | 4:01 pm

China electronics giant Goertek to invest $280 mln in Vietnam’s Bac Ninh province

China electronics giant Goertek to invest $280 mln in Vietnam’s Bac Ninh province

Goertek (Hong Kong) Co., Limited, a wholly-owned subsidiary of Chinese electronics giant Goertek, plans to set up a subsidiary in Vietnam’s northern province of Bac Ninh with an investment of RMB199.04 billion ($280 million).

Industries - Tue, January 16, 2024 | 3:23 pm

Chinese electronics giant Goertek could quadruple northern Vietnam investment: chairman

Chinese electronics giant Goertek could quadruple northern Vietnam investment: chairman

Chinese electronics giant Goertek could triple or quadruple its investments in the northern province of Bac Ninh over the next five-10 years, says co-founder and chairman Jiang Bin.

Industries - Wed, October 18, 2023 | 4:17 pm

Goertek licensed to build new electronic factory in northern Vietnam

Goertek licensed to build new electronic factory in northern Vietnam

Chinese giant Goertek’s proposed investment in an electronic, network and multimedia equipment factory in Bac Ninh province has been approved.

Industries - Wed, May 10, 2023 | 3:18 pm

Apple supplier Pegatron to build Vietnam houses for workers

Apple supplier Pegatron to build Vietnam houses for workers

Hai Phong's administration aims to help Apple's supplier Pegatron break ground on its 5-hectare worker accommodation project in the northern city this December.

Industries - Tue, October 18, 2022 | 10:34 am

Hong Kong firm Everwin to build $200-mln Nghe An electronics factory

Hong Kong firm Everwin to build $200-mln Nghe An electronics factory

Everwin Precision Technology Vietnam Ltd. is set to embark on construction of a $200-million electronic component factory in Nghe An province next month.

Industries - Thu, September 22, 2022 | 3:24 pm

Foxconn plans new $300 mln investment in Vietnam

Foxconn plans new $300 mln investment in Vietnam

Apple supplier Foxconn has signed a deal to rent an additional 50.5 hectares of industrial land in northern Vietnam while Apple is seeking to build more products outside of China.

Industries - Wed, August 17, 2022 | 10:56 am

IFC okays $700 mln loan to Goertek in Vietnam

IFC okays $700 mln loan to Goertek in Vietnam

The International Finance Corporation (IFC) has approved a $700 million financing package to Goertek Inc. for a new modern electronics production plant in Vietnam.

Industries - Mon, August 8, 2022 | 2:43 pm

Sharp seeks new large-scale plant in Binh Duong

Sharp seeks new large-scale plant in Binh Duong

Sharp Corporation is gauging possibilities to build a new large-scale facility in Binh Duong province as part of the Japanese electronics giant’s production shift from China to Vietnam.

Industries - Mon, July 25, 2022 | 4:26 pm

LG Display poised to expand Vietnam OLED production with $1 bln

LG Display poised to expand Vietnam OLED production with $1 bln

LG Display, an LG Electronics Inc. member, is set to expand its Vietnamese plant's OLED module lines with fresh funding worth $1 billion it has just secured from global banks.

Industries - Thu, July 7, 2022 | 11:13 am

Google Pixel phones likely to be made in Vietnam

Google Pixel phones likely to be made in Vietnam

Tech giant Google is considering having its future Pixel phones produced in partner plants across Vietnam to avoid U.S.-China trade tension risks and China's Covid-19 lockdowns.

Industries - Tue, July 5, 2022 | 10:54 am

Compal Electronics aims to up production in Vietnam

Compal Electronics aims to up production in Vietnam

Compal Electronics, a supplier to Apple, Amazon, and Dell, is scheduled to pay another visit to Vietnam in July to find a location for a new factory following a working trip in June.

Industries - Wed, June 29, 2022 | 12:59 pm