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.
Ju Teng International Holdings Ltd has been granted an investment certificate for its electronic component and automobile accessories project worth US$200 million at Hòang Mai Industrial Park in the central province of Nghệ An.
Foreign direct investment (FDI) has contributed significantly to the development of the Southeast Economic Zone of Nghe An Province but more actions are needed to improve its efficiency and increase contribution to the State budget.
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.
Deputy Prime Minister Trinh Dinh Dung has just signed Decision No 301/QD-TTg approving the overall adjustment task of the Southeastern Nghe An Economic Zone by 2040.
The Vinacomin – Minerals Holding Corporation (Vimico) is planning to sell nearly 2.4 million shares, worth over VND23.6 billion (about US$1 million), in the Nghe Tinh Non-ferrous Metal JSC.
Orange lovers will be able to indulge in the Nghe An Orange and Specialties Week, which opened on Tuesday evening at the Big C Thang Long supermarket in Ha Noi.
Four hundred foreign and local enterprises took part in a conference to promote investment in the central province of Nghe An in HCM City on September 20.