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Developers
industrial parks (ha)
ready-built facilities (million m2)
partners
Total area
Total population
of Population in working age
Hectares of Industrial Land
Foreign-Invested Projects
Billion USD of registered Capital
Globally in FDI Attraction & total Export - Import
SMC Manufacturing Vietnam, a subsidiary of Japanese pneumatic instrument producer SMC, is investing an additional $330 million in Dong Nai province, increasing its total investment in Vietnam to nearly $1 billion. This makes SMC one of the largest Japanese investors in the region. The investment, focused on automotive manufacturing and assembly at Long Duc Industrial Park, was the largest among 14 projects granted investment certificates by Dong Nai authorities on February 7.
Former U.S. President Donald Trump has returned to office with a renewed focus on protectionist trade policies, including new tariffs of 25% on imports from Mexico and Canada and 10% on Chinese goods, effective February 4, 2025. These measures, covering $1.6 trillion in trade, mark a major shift in U.S. economic policy with potential global consequences—including for Vietnam.
Vietnam kicked off 2025 with a strong surge in foreign direct investment (FDI), reaching $4.33 billion in January—a 48.6% increase from the same period last year. Despite a slower start in new projects, additional investments and stake acquisitions skyrocketed, highlighting growing confidence from foreign investors.
Chinese electronics giant Goertek is looking to expand its manufacturing operations in Bac Ninh province with a 25-hectare extension at its production site in Nam Son-Hap Linh Industrial Park. During a meeting with Bac Ninh authorities on February 3, the Goertek delegation requested support for work permits for foreign employees and improved road infrastructure connecting to its factory.
Vietnam Sunergy Wafer, a Japan-invested solar cell manufacturer, is set to begin production at its $30 million factory in Hung Yen province this June. According to a project report, the company aims to finalize administrative procedures by May and install equipment in June, preparing for full-scale operations. The plant spans 2.65 hectares in Minh Quang Industrial Park and will focus on producing silicon wafers, a critical component in solar cells.
Tuesday, 07 May, 2024
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Tuesday, 26 Mar, 2024