With the addition, the RoK firm has raised its total investment in the IP to nearly 52 trillion VND (2.27 billion USD).

SEMV’s decision to increase investment in its project has testified to the improved business and investment environment in the locality.

At the hand-over ceremony.

Speaking at the hand over ceremony, Secretary of the provincial Party Committee Nguyen Thanh Hai re-affirmed the locality’s commitment to creating the most favourable conditions for investors to operate in the locality.

She hoped that the SEMV in particular and Samsung Complex in general will implement successfully production and business projects in Thai Nguyen, and continue to consider the locality a "good destination" for their other projects.

SEMV’s project in the Yen Binh IP was first licensed in 2013. It has a total investment of nearly 30.8 trillion VND (1.35 billion USD).

The project began its operation in February 2015, mainly manufacturing and assembling high-density interconnect (HDI) printed circuit boards, and components and spare parts such as camera module, power adapter, touch sensor module, and linear motor.

At the end of 2021, it generated jobs for more than 6,500 employees at the end of 2021.

With the addition of capital, the firm plans to expand its operation to manufacturing and assembling high-density interconnection electronic circuit board products such as FPCB, Main board, and FCBGA, among others.

European firms optimistic about Vietnam’s trade and investment environment

European companies ended 2021 more positive and optimistic about Vietnam’s trade and investment environment, according to the Business Climate Index (BCI) announced by the European Chamber of Commerce in Vietnam (EuroCham) on January 27.

Investment registration certificate granted to two Bac Giang’s IP projects

(BGO) – On January 22, the People’s Committee in Bac Giang province held a ceremony to hand over the Investment Registration Certificate to two infrastructure construction and business projects at the local industrial parks.

Bac Giang establishes Center for supporting real estate investment and business

(BGO) - The Real Estate Association of Bac Giang province launched the Center for supporting real estate investment and business on January 14.

Bac Giang ranks nine nationwide in term of foreign investment attraction

(BGO) - Party General Secretary Nguyen Phu Trong, President Nguyen Xuan Phuc, Chairman of the National Assembly Vuong Dinh Hue and leaders of the Party, Government and Fatherland Front Committee attended a teleconference between the Government and localities on January 5 to review 2021 performance and implement the Party Central Committee’s Conclusion and the National Assembly’s Resolution on 2022 socio-economic development scheme. The event was chaired by the Prime Minister Pham Minh Chinh.

Bac Giang shares business and investment opportunities to young entrepreneurs

(BGO) – In the afternoon of January 5, the Young Entrepreneur Association (YEA) in Bac Giang province held a conference themed “Bac Giang young entrepreneurs join hands to create future and development solution in post Covid-19 period”, concluded the 2021 operation and implemented 2022 tasks.

Source: NDO/VNA