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DNeX shares, warrants most active on stake acquisition by Hon Hai

Dagang NeXchange Bhd's (DNeX) share and warrant prices rose and became the most-actively traded securities in morning trade on Bursa Malaysia today following news that Hon Hai Precision Industry Co Ltd, the main assembler of Apple Inc’s iPhones, has acquired 120 million shares or a 5.03% stake in DNeX for RM108 million. ....

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Foxconn to invest $700 million in Vietnam

Foxconn to invest $700 million in Vietnam
16:10 | 11/03/2021
Foxconn s investment of $700 million is expected to create 10,000 jobs for Vietnamese people
A representative of Foxconn said that by the end of 2020, the group has invested $1.5 billion in Vietnam.
One of the company s key projects is the $270 million factoryÂ of Fukang Technology in Bac Giang province, in which Foxconn Singapore Pte., Ltd. is the investor.
Fukang Technology is a subsidiary of Foxconn (also known as Hon HaiÂ Precision IndustryÂ Company). It has been licensed to invest in building factories to manufacture 8 million MacBookÂ and iPad products a year.
Foxconn s total revenue in Vietnam amountedÂ to $3 billion in 2019, $6 billion in 2020, and could reach $10 billion this year. Foxconn s goal in the next 3-5 years is to increase sales in Vietnam to $40 billion. ....

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Bac Giang aims to lure 1.3 billion USD of investment in 2021 | Business

The northern province of Bac Giang is working hard to complete the target of attracting about 1.3 billion USD worth of investment in 2021, said Chairman of the provincial People’s Committee Le Anh Duong. ....

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Foreign investors remain upbeat about Vietnamese market

Foreign investors remain upbeat about Vietnamese market
Chia sẻ |
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28/02/2021

08:29
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Despite the recent resurgence of the COVID-19 pandemic, the majority of foreign businesses remain optimistic for 2021 with some expansion plans.
Foreign investors are seeing great prospects in Vietnam

Foreign investor Foxconn Singapore Pte., Ltd. has recently decided to pour an additional $23 million into the Fukang Technology Factory in the northern province of Bac Ninh, bringing the total investment capital of this project to $293 million. The project was granted investment licenses in mid-January.
Foxconn is recruiting 1,000 electronic assembly workers for its factories in Vietnam. Workers will work at the industrial parks (IP) of Dinh Tram, Quang Chau, a ....

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Foreign investors remain upbeat about Vietnamese market

Foreign investors remain upbeat about Vietnamese market
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