China-based JA Solar, among the biggest solar energy cell firms in the world, earned a revenue of $2.8 billion from its activities in Vietnam in 2023, and expects to double that figure in 2024.
Although not dominating in terms of the number and value of deals, the industrial real estate market is starting to record more interest in mergers and acquisitions from foreign investors.
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Through its Vietnamese subsidiary, the Apple supplier Luxshare-ICT is pouring an additional $330 million into its component manufacturing project in the northern province of Bac Giang.
China-based JA Solar, among the biggest solar energy cell firms in the world, has received approval to invest an additional $378 million in an ongoing project in Vietnam’s northern province of Bac Giang.