Category Archives: News

Apparel-textile supplier increases northern Vietnam province investment to $130 mln

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 […]

US tech firm Coherent to invest $83 mln in southern Vietnam industrial hub

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 […]

US tech firm Coherent to invest $83 mln in southern Vietnam industrial hub

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 […]

American automaker Polaris launches $36 mln factory in northern Vietnam

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 […]

S Korea’s CS Wind to invest $200 mln in Vietnam to make wind power equipment

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 […]

Vietnam attracts $20.5 bln in registered Jan-Aug FDI, Asian economies remain top investors

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 […]

Singapore firm to deploy $80 mln freeze-dried instant coffee project in central Vietnam

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, […]