Vietnam IT giant FPT Corp will spend $200 million building an AI Factory that incorporates technology from U.S. chipmaker Nvidia.
As of November 20, 2023, Hai Phong has 913 active foreign-invested projects with a total registered capital of USD 29.42 billion (all-time number).
With strong infrastructure development in industrial zones and clusters, and an improved investment and business environment, Bac Giang continues to be the top choice for domestic and international investors.
Chery Automobile, a leading Chinese automaker, is set to commence large-scale production in Vietnam's Thai Binh province by the close of 2025. They are aiming to manufacture vehicles under its Omoda and Jaecoo brands.
Vinamilk, Vietnam’s largest dairy company, will begin construction of a VND4,600 billion ($196 million) dairy factory in the northern province of Hung Yen in late December.
Vietnam’s Geleximco Group of tycoon Vu Van Tien is planning to build an US$800 million automobile manufacturing and assembling factory in northern Thai Binh Province, whose first phase is expected to be put into operation in 2024.
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