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Door opens to growing level of FDI

Door opens to growing level of FDI
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14/02/2021

18:29
GMT+7
Vietnam’s effective control over the COVID-19 pandemic along with it signing a host of new free trade agreements has resulted in many global tech giants shifting their investment to the country.
The Hong Kong-invested EVA Hai Phong Precision Co. Ltd’s factory at the VSIP Hai Phong Industrial Park.
Foxconn, Luxshare, Pegatron, and many leading manufacturers of components and products for giants such as Apple, Sony, and Microsoft have recently invested in Bac Giang Province and Hai Phong City in Viet Nam’s north. ....

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Vietnam's doors open to FDI from global tech giants

The Hong Kong-invested EVA Hải Phòng Precision Co. Ltd’s factory at the VSIP Hải Phòng Industrial Park. - VNA/VNS
HANOI (Vietnam News/ANN): Vietnam’s effective control over the Covid-19 pandemic along with it signing a host of new free trade agreements has resulted in many global tech giants shifting their investment to the country.
Foxconn, Luxshare, Pegatron, and many leading manufacturers of components and products for giants such as Apple, Sony, and Microsoft have recently invested in Bắc Giang Province and Hải Phòng City in Vietnam s north.
Analysts believe these big names could create a new wave of investment in the country. ....

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Foxconn invests in $270M laptop plant in VN's Bac Giang

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Foxconn invests in $270M laptop plant in VN’s Bac Giang
Tue, 19 January 2021
A major supplier of Apple products has signed a deal to build a factory in Vietnam.
Foxconn Singapore Pte Ltd will build a $270 million plant to produce laptops and tablets at Quang Chau industrial park in the northern province of Bac Giang.
The company was among four projects of Singaporean and Hong Kong investors with total capital of nearly $570 million awarded investment certificates at a ceremony on January 18.
Besides Foxconn, Risesun Investment Pte Ltd (Singapore) will invest $75 million in a plant to produce plastic and composite products and $6 million into another factory to manufacture PVC decorative films at Hoa Phu industrial park. ....

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