Elon Musk’s SpaceX has reportedly requested multiple Taiwanese suppliers to shift their satellite component manufacturing operations outside of Taiwan. According to sources connected to the suppliers and internal corporate documents, this move is driven by concerns over geopolitical risks. As a result, some manufacturers have already started relocating parts of their supply chain, with Vietnam emerging as a favored destination for production.
The Foreign Investment Agency released data on newly registered, adjusted, and capital contributions or share purchases by foreign investors (FDI) after nine months of 2024.
The investor will officially begin construction of the Deli Hải Dương stationery manufacturing plant, with a total investment of USD 270 million, this weekend on September 28th in Hải Dương. This marks the largest project ever invested in an industrial park in Hải Dương Province to date.
On the afternoon of September 23 in Hanoi, Tasco and Geely signed three significant contracts and agreements, including: the joint venture agreement for automobile assembly between Tasco and Geely; the contract authorizing Tasco to distribute the Geely Auto brand in Vietnam; and a strategic cooperation agreement between Tasco, Geely, and the Management Board of the Economic Zones and Industrial Parks of Thai Binh Province.
On August 3rd, Taseco Real Estate Investment Corporation, a subsidiary of Taseco Group, held a groundbreaking ceremony for the "Construction and Infrastructure Business of Đồng Văn 3 Support Industrial Park," located east of the Cầu Giẽ - Ninh Bình expressway. The event was attended by Deputy Minister of Construction Nguyễn Tường Văn, Hà Nam's Deputy Secretary Đinh Thị Lụa, Provincial Chairman Trương Quốc Huy, and 500 distinguished guests.
Sunwoda will pour an additional $300 million into the manufacturing facility in Yen Lu Industrial Park. The project will employ 5,000 local workers and generate $1 billion in revenue per year. Sunwoda will continue to make additional investments in the next stages based on its upcoming growth in Vietnam
These industrial infrastructure projects, proposed by both domestic and international investors, are poised to significantly boost the socio-economic development of Thanh Hóa province in the near future.
According to the finalized list, the top 100 enterprises in the PRIVATE 100 contributed nearly VND 173 trillion to the state budget in 2023. Among them, more than 30 entities each paid over VND 1 trillion.
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