Hong Kong-invested Regina Miracle International (Vietnam), an intimate wear supplier of global brands such as Victoria’s Secret, Nike and Adidas, will increase its investment in Hung Yen province to $130 million. The firm acquired its first investment registration certificate in July 2018 and recently received the fifth adjustment for expansion. The project will cover 6.5 […]
Category Archives: News
Hai Duong province aims to attract $500 million in FDI and $850 million in implemented capital in 2024. China’s Deli Group Limited Company is set to break ground on a new stationery factory in Hai Duong province, on September 28. The $270 million project is the largest foreign direct investment (FDI) in an industrial park […]
Coherent Corp., an American manufacturer of optical materials and semiconductors, will invest $83 million through two subsidiaries in Dong Nai province, an industrial hub in Vietnam’s southern region. Dong Nai authorities granted an in-principle approval for the investment projects on the sidelines of an investment promotion conference held on Monday to announce the province’s 2021-2030 […]
Coherent Corp., an American manufacturer of optical materials and semiconductors, will invest $83 million through two subsidiaries in Dong Nai province, an industrial hub in Vietnam’s southern region. Dong Nai authorities granted an in-principle approval for the investment projects on the sidelines of an investment promotion conference held on Monday to announce the province’s 2021-2030 […]
Vietnam exported 1.12 million tons of rubber worth US$1.76 billion in the first eight months of 2024, customs data show. This marked a 7.2% year-on-year decline in volume but a 8.4% growth in value from the same period last year, according to the General Department of Customs. Vietnam shipped out 209,726 tons of rubber worth […]
The U.S.-based Polaris, an automaker in the Fortune 500 list, launched its second factory in Vietnam’s northern province of Vinh Phuc on Wednesday. Polaris, known for its brand Indian Motorcycle, conducted a groundbreaking ceremony for the $36-million, 12-hectare facility in Ba Thien II Industrial Park, in May 2023. This is Polaris’s 20th plant in the […]
Vietnam’s durian exports to several markets like Thailand, Hong Kong and South Korea rose by double digits year-on-year in the first seven months. China remained the biggest buyer as exports rose by nearly 53% to US$1.47 billion, accounting for 92% of all shipments. Thailand was second with $65 million, up 51%, followed by Hong Kong, […]
South Korea’s CS Wind, a major wind power equipment maker, will invest $200 million in a factory in Vietnam’s Mekong Delta province of Long An, making it among the biggest investments in the sector globally. CS Wind and Long An-based Dong Tam Group, a major construction material firm, signed a memorandum of understanding for the […]
Registered foreign direct investment (FDI) in Vietnam hit $20.52 billion in the first eight months of the year, up 7% year-on-year, according to the Ministry of Planning and Investment. Of this, $12 billion was pledged for 2,247 newly-registered projects, up 27% and 8.5% year-on-year, respectively. Additional capital for 926 existing projects hit $5.7 billion, up […]
Future Enterprises Pte. Ltd, a subsidiary of Singapore-based Food Empire Holdings Group, has been licensed to build a freeze-dried instant coffee plant with an annual capacity of 5,400 tons in the central province of Binh Dinh. Covering 7.1 hectares in the Becamex Binh Dinh Industrial Park in the Nhon Hoi Economic Zone, Van Canh district, […]