Taiwan printed circuit maker TBT considers second Vietnam plant after $30 mln first
Taiwan PCB Techvest (TPT), which makes and supplies double-sided and multi-layer printed circuit boards, plans to build its second manufacturing facility in Vietnam while more Taiwanese companies are shifting production to the country from China.
TPT has so far invested $30 million in Vietnam, operating its first printed circuit board (PCB) plant in the Thanh Liem Industrial Park in Thanh Liem district, Ha Nam province in northern Vietnam.
The factory on a site of more than 8.4 hectares, licensed in November last year, is designed to produce 810,000 products annually to supply PCBs for optoelectronics and notebook applications, according to Ha Nam data. Its first phase is set for completion this June, and the second phase is poised to complete by June 2026.
Printed circuit boards. Photo courtesy of www.circuitbasics.com
The first facility is expected to create annual revenue of $39 million when completed, according to Ha Nam province’s industrial park management board.
Taiwanese leading tech magazine Digitimes quoted industry sources to say Tuesday that TPT is mulling over building its second plant in Vietnam. It added that the Taiwanese PCB supply chain is flocking to Southeast Asia, including Vietnam.
Like TPT, Taiwanese PCB maker Tripod Technology is investing in Vietnam. In late April, Tripod announced the completion of a deal to buy FICT Vietnam Company, which makes circuit boards and assembles products for Japanese company Fujitsu. The transaction is expected to finalize in the near future.
Until that time, tech giant Fujitsu had invested $200 million in FICT, located in Dong Nai province bordering Ho Chi Minh City, Vietnam’s southern economic hub.
Earlier this May, Nam Dinh province in northern Vietnam granted an investment certificate for Apple supplier Quanta Computer to build a $120 million factory in Nam Dinh, the first Vietnam plant of the Taiwanese electronics maker and its ninth worldwide. The plant, located in My Thuan Industrial Park, is set to manufacture 1.3 million laptop and desktop computers in 2024, 2.6 million in 2025, 3.6 million in 2026, four million in 2027, and 4.5 million in 2028.
At present, several major US manufacturers are manufacturing key products in Vietnam. Apple is manufacturing iPads and AirPods in northern Vietnam. Microsoft started to ship Xbox gaming consoles from HCMC last year.
- Related News
- Read More
Vietnam’s tech unicorn VNG books 30% profit surge in Q3 on strong gaming business
Vietnamese tech unicorn VNG Corp (UPCoM: VNZ) posted a 30% year-on-year increase in operating profit to VND263 billion ($10 million) in Q3, supported by cost controls and strong performance in its gaming and payment businesses.
Companies - Sat, November 1, 2025 | 10:02 am GMT+7
Vietnam's e-commerce sales soars 34% in Jan-Sept on stronger demand
Sales on four e-commerce platforms in Vietnam - Shopee, TikTok Shop, Lazada, and Tiki - hit VND305.9 trillion ($11.62 billion) in the first nine months of 2025, up 34.4% year-on-year, according to new data from analytics firm Metric.
Economy - Sat, November 1, 2025 | 9:35 am GMT+7
Vietnam's famous actress Truong Ngoc Anh detained for 'property appropriation'
Truong Ngoc Anh, former chairwoman of Dat Rong Real Estate JSC and one of the most famous actresses in Vietnam, has been accused of abusing trust to appropriate thousands of taels of gold and tens of billions of dong (VND10 billion = $380,000).
Society - Fri, October 31, 2025 | 10:53 pm GMT+7
Vietnam's dairy giant Vinamilk reaps $95 mln in Q3 post-tax profit
Vinamilk recorded consolidated post-tax profit of VND2.51 trillion ($95.42 million) in Q3, up 4.5% year-on-year, according to a company release.
Companies - Fri, October 31, 2025 | 10:17 pm GMT+7
HDBank makes $563 mln pre-tax profit in 9 months
HDBank (HoSE: HDB) recorded consolidated profit before tax of VND14.8 trillion ($562.53 million) for the first nine months of the year, up 17% increase year-on-year.
Companies - Fri, October 31, 2025 | 9:42 pm GMT+7
Carlsberg Vietnam donates $57,000 to support central cities Hue, Danang after historic floods
As central Vietnam endures one of the most devastating floods in recent decades, Carlsberg Vietnam has swiftly contributed VND1.5 billion ($57,000) to support relief and recovery efforts in Hue and Danang, two localities hardest hit by the historic rainfall and landslides.
Companies - Fri, October 31, 2025 | 9:37 pm GMT+7
EVNNPT, northern Vietnam province Son La to speed up power transmission projects
Son La province will coordinate closely with National Power Transmission Corporation (EVNNPT) to accelerate construction of key power transmission projects aimed at supporting regional and local socio-economic development.
Companies - Fri, October 31, 2025 | 8:47 pm GMT+7
Vietnam needs more clean energy, highly-skilled labor to capture semiconductor investment wave: exec
Vietnam is well prepared in terms of infrastructure, but to capture the semiconductor investment wave, it must address the challenges of clean energy and highly-skilled labor, said Tran Tan Sy, deputy CEO of KN Holdings, a leading multi-sector group in Vietnam.
Industries - Fri, October 31, 2025 | 4:39 pm GMT+7
Vietnam-China joint venture breaks ground on $319 mln auto plant in northern Vietnam
Vietnamese conglomerate Geleximco Group and China’s Chery Automobile on Thursday held a groundbreaking ceremony for their GEL-O&J automobile plant in Hung Yen province.
Industries - Fri, October 31, 2025 | 3:53 pm GMT+7
MUFG Bank signs its first sustainability-linked loan deal in Vietnam’s agriculture sector
Japan's MUFG Bank, Ltd. (MUFG) has signed a sustainability-linked loan (SLL) agreement with Angimex-Kitoku, an An Giang province-based Vietnam-Japan joint venture company specializing in rice cultivation, production, and processing.
Banking - Fri, October 31, 2025 | 3:29 pm GMT+7
Vietnam, UK elevate ties to comprehensive strategic partnership, outline 6 cooperation pillars
Vietnam and the UK have established a Comprehensive Strategic Partnership, outlining six key pillars of cooperation, including economic, trade, investment, and finance collaboration.
Economy - Fri, October 31, 2025 | 1:19 pm GMT+7
Central Vietnam hub Danang seeks private investment for urban railways
With plans for 16 urban railway lines spanning over 200 kilometers, Danang is prioritizing private investment to develop a modern public transport-oriented urban model.
Infrastructure - Fri, October 31, 2025 | 12:02 pm GMT+7
FPT Retail profit more than doubles in Q3 as deposits surge
FPT Digital Retail JSC (HoSE: FRT), a subsidiary of Vietnam’s FPT Corporation, reported strong Q3 results, with net revenue rising 26.3% year-on-year to VND13,110 billion ($497.9 million) and post-tax profit up 61% to VND266 billion ($10.1 million).
Companies - Fri, October 31, 2025 | 8:57 am GMT+7
Geleximco-led consortium wins approval for $870 mln urban project in central Vietnam
A consortium led by conglomerate Geleximco Group has received approval to develop a long-delayed urban complex in Gia Lai province, with total investment capital estimated at VND21.95 trillion ($834 million).
Real Estate - Fri, October 31, 2025 | 8:26 am GMT+7
Singapore seeks 'renewable fuel', nuclear ties
Singapore must be ready to support all promising pathways, from established technologies to novel options, in its bid to transition its fossil fuel-based energy sector to one that is clean yet affordable, said Minister-in-charge of Energy and Science and Technology Tan See Leng on Monday.
Southeast Asia - Thu, October 30, 2025 | 7:41 pm GMT+7
Indonesia’s palm oil production set to rise 10% in 2025
Indonesia expects palm oil production to grow by 10% in 2025, reaching 56-57 million tons, exceeding previous forecasts, according to the Indonesian Palm Oil Association (GAPKI).
Southeast Asia - Thu, October 30, 2025 | 7:27 pm GMT+7
