The FuKang Technology Company, a Foxconn unit, received a business license Monday to build a plant to produce laptops and tablets in northern Vietnam. The plant will be located in the Quang Chau Industrial Park...
Vietnam will grow at 7.6 percent this year, driven by newly signed free trade deals and rising foreign investment, HSBC has forecast. According to the latest HSBC Global Research, inflation will be capped at 3.3...
The supply of industrial land and real estate has so far not kept up with the ever-rising demand from manufacturers and investors, leading to price hikes like never before. The current rapid and high rise...
The two projects represent a total gross area of nearly 1,200 hectares. Their construction is scheduled in 2022 and 2023, following WHA’s 3,200ha industrial zone located in Nghe An province. WHA Industrial Development Plc., a...
Taiwanese electronics manufacturer Foxconn plans to expand production in Vietnam with a $270 million investment focused on display production. Foxconn, which already has plants in northern Vietnam, will soon establish a new local company in...
The logistics real estate segment saw a number of mergers and acquisitions in the first nine months with a number of major foreign players involved in them. “Some of the world’s most renowned logistics developers...
Third quarter industrial land rents in Ho Chi Minh City and Hanoi have surged two and 1.7 times year-on-year, respectively. This is higher than the 20-30 percent average growth seen in other localities in southern...
The first train made by Alstom Valenciennes in France for Metro Line 3 has arrived in Vietnam after a journey of over one month, enabling the project to be put into operation in 2021. This...