Prominent among these projects is a precision technology factory project invested by Fulian Ingrasys (Singapore) Pte. Ltd and operated by Fulian Co., Ltd. in the Quang Chau Industrial Park, Viet Yen district. 

Foxconn factory at Quang Chau industrial park.

The project is implemented on an area of nearly 50 hectares to produce electronic components, computers and communication equipment. The second project is invested by China’s Hainan Longi Green Energy Technology Co. Ltd. to manufacture solar panels with a capacity 3,500 MW per year in the Hoa Phu Industrial Park, Hiep Hoa district. The total registered capital of the two projects is about 761 million USD.

Bac Giang province also nodded adjustments to 36 foreign investment projects with a total additional capital of nearly 400 million USD. Typically, JA Solar Vietnam Co., Ltd. added 378 million USD to expand the production of solar battery components and products with an annual output of 2.5 GW of silicon bars, 5 GW of silicon wafers, 5 GW of photovoltaic cells. The project is implemented on an area of more than 219,400 square meters in the Viet Han Industrial Park, Viet Yen district.

In the first 10 months of this year, Bac Giang province attracted 2.2 billion USD in total investment, double the figure in the same period last year, including 29 new domestic direct investment (DDI) projects with registered capital of 5.59 trillion VND (229.3 million USD), 1.14 times higher than the 2022 same period. As many as 27 domestic projects were adjusted with additional registered capital of 1.8 trillion VND, 7.3 times higher.

FDI seems set to beat last year’s $27.7B

Foreign direct investment this year is likely to exceed last year’s US$27.7 billion, KB Securities Vietnam Company said.

PM Pham Minh Chinh chairs conference with FDI enterprises

Prime Minister Pham Minh Chinh chaired a conference with foreign direct investment (FDI) enterprises in Hanoi on October 16.

Bac Giang leads nationwide in newly registered FDI capital

BAC GIANG - Since early this year, Bac Giang province has attracted more than 2.14 billion USD investment capital, nearly doubling the figure year on year, reported the Department of Planning and Investment.

Hanoi continues to lead in FDI attraction in first nine months

Hanoi has maintained its position as the leading destination in Vietnam for foreign direct investment (FDI), bringing in nearly 2.53 billion USD in registered capital during the first nine months of 2023 and representing nearly 12.5% of the country’s total.

Bac Giang reports fivefold increase in FDI inflows in nearly 9 months

The northern province of Bac Giang has attracted 70 foreign direct investment (FDI) projects valued at over 1.38 billion USD so far this year to September 15, a fivefold increase compared to the same period last year, according to the provincial People’s Committee.

Reporter