Chinese camera modules manufacturer QTech Group plans to invest in an electronic optics factory in Nghệ An Province with a total capital of about US$430 million.
A report of the Ministry of Planning and Investment''s Foreign Investment Department revealed that Nghệ An has to date attracted $890 million worth of foreign investment.
Earlier in May, Apple Insider reported a member of Foxconn – Apple’s global supply chain partner – was negotiating to buy land use rights in India and Viet Nam to expand its production in both countries.
The Prime Minister has approved the project to develop Vinh City, Nghệ An Province, into an economic and cultural centre of the north central region by 2023.
Nghe An Province is taking many measures to improve the quality of its business environment, hoping to attract more investment in the western area of the province.
Prime Minister Nguyen Xuan Phuc has asked the central province of Nghe An to work harder to double its economic revenues by 2025, to ensure its becoming a locality generating high incomes throughout the region.
Mavin Group, an Australian-Vietnamese joint venture, has pledged to invest some US$80 million in the north-central province of Nghe An, mainly in the husbandry sector.
The Prime Minister released a decision on Monday approving the development of the WHA Hemaraj 1 Industrial Park in Nghe An Province’s Southeast Economic Zone, local online newspaper baonghean.vn reported.
Quynh Lap II thermal power plant will be built using the Build-Operate-Transfer (BOT) method in Dong Hoi Industrial Zone, Hoang Mai Commune. It will produce an annual power capacity of 1200 megawatts (MW), with two reactors
Prime Minister Nguyen Xuan Phuc on February 19 advised businesses in Nghe An to devise long-term strategies that utilise the many advantages enjoyed by the central province.
The People''s Committee of central Nghe An Province has proposed that the
Ministry of Transport and relevant authorities upgrade an old terminal
at the Vinh Airport into an international one.
As many as 80 Vietnamese and 100 Japanese companies took part in an
investment and tourism promotion seminar held by the Bank for Investment
and Development of Viet Nam in Japan last Saturday.