Vietnam expected to become Asia’s electronics production hub: ...
Vietnam may become one of Asia’s top electronics manufacturing hubs thanks to investments in the country by electronics giants such as Samsung, Apple, LG, and Intel.
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In February, the firm had a similar move of letting go of almost 3,000 permanent staff, and a further 3,000 temporary employees did not have their contracts renewed.
VSIP Group, a joint venture between Singapore’s Sembcorp Development and Becamex IDC has got the Government’s approval to build an industrial park in Lang Son province.
More than VND110.6 trillion ($4.7 billion) in public investment capital was disbursed in the first four months of 2023, equal to 14.66 per cent of the annual target.
Vietnam may become one of Asia’s top electronics manufacturing hubs thanks to investments in the country by electronics giants such as Samsung, Apple, LG, and Intel.
Many localities want to expand high-tech industrial parks to resolve the overload of existing parks and simultaneously welcome new high-quality capital.
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