Business

Taiwanese firm to build touch screens factory in Bac Giang

Taiwan's Wintex Group plans to lease more than 10ha of land and warehouse space in northern Bac Giang province's Quang Chau Industrial Zone for the manufacture of touch screens.
Taiwan's Wintex Group plans to lease more than 10ha of land andwarehouse space in northern Bac Giang province's Quang Chau IndustrialZone for the manufacture of touch screens.

The company inked an agreement with the zone's investor Sai Gon – BacGiang Industrial Park Co, an affiliate of Kinh Bac Urban Development Co,on Dec. 12 in Hanoi.

The project, which has an initialinvestment of 150 million USD, is expected to begin operation in themiddle of next year and create 30,000 jobs.

A stablepolitical environment and favourable geographic location (close toChina), as well as support from local authorities and the local youngpopulation are decisive factors, said Hyley H Huang, Wintex's chairman.

He predicted that Vietnam’s northern region will attract further substantial foreign investment in the near future.

Taiwanese foreign direct investment in Vietnam now totals 22.83 billionUSD, said the Ministry of Planning and Investment's Foreign InvestmentAgency.

Major Taiwanese conglomerates, including the HonHai Group and Compal Electronics Co, now have a solid presence in thecountry.

Vietnam is a favourable investment destinationbecause of its rich natural resources and stable political and economicenvironment, said Huang Teh-hsiu, president of the Taiwanese Chamber ofCommerce in Hanoi./.
Follow VietnamPlus

See more

Representatives of Vietrade and TFO Canada discuss a new cooperation project for 2026–2030. (Photo: VNA)

Vietnam, TFO Canada move towards strategic trade partnership

Director General of Vietrade Vu Ba Phu said the success of cooperation during 2021–2024 had laid a solid foundation for elevating bilateral ties in the new phase, with Vietrade now serving as TFO Canada’s strategic partner in Vietnam.

Aircraft at Noi Bai International Airport. (Photo: VNA)

Hanoi bets on aviation network to power economy

The capital’s newly approved master plan places aviation infrastructure at the centre of long-term economic development, with a second international airport and low-altitude transport network expected to reshape urban growth, logistics and high-tech industries.

Green SM Global CEO Nguyen Van Thanh and Haryana's Minister of Industries and Commerce Rao Narbir Singh, together with delegates, press the button to officially launch the service. (Photo: VNA)

Vietnamese electric taxi service launched in India

The launch of Green SM Limo in India further expanded the company’s international footprint and brought its all-electric mobility model and service standards, already established in several markets, to users in one of the world’s most dynamic economies.

At the Vietnam – Cambodia - Laos border trade connectivity conference (Photo: VNA)

Vietnam, Cambodia, Laos promote border trade connectivity

The Mekong Delta spans more than 40,500 sq.km, holds roughly 18 million people and shares a nearly 386km border with Cambodia, making it a key gateway to the Greater Mekong Sub-region. An Giang has emerged as a major agro-fisheries hub, with seaports and strategic trade hubs delivering maritime advantages and creating a seamless corridor to Cambodia and beyond.

Delegates at the opening ceremony of the fifth Vietnam Fruit Week 2026. (Photo: VNA)

Fifth Vietnam Fruit Week 2026 opens in Dong Thap

Vietnam Fruit Week 2026 is being held simultaneously at GO!, Tops Market and mini go! supermarkets nationwide from June 4–7, offering discounts of up to 50% on dozens of fruit products, alongside promotional activities and livestream sales programmes.

Data from Batdongsan.com.vn shows that buyers purchasing apartments for short-term speculation now account for only around 4 per cent of the market. (Photo: VNS/VNA)

Hanoi apartment boom loses momentum

Hanoi’s once red-hot apartment market is showing clear signs of cooling, with slowing liquidity and cautious buyers forcing many short-term investors to retreat after years of rapid gains.

A corner of K-Med Expo 2026 in Ho Chi MInh City (Photo: K-Med Expo Vietnam)

RoK medical equipment firms eye stronger export to Vietnam

The K-Med Expo, organised annually since 2023 by KINTEX and the Korea Medical Devices Industry Association, attracts around 300 Korean medical device companies each year. For this year’s consultation conference, KOTRA invited about 100 buyers, including Vietnamese hospitals and medical equipment distributors, to meet with 71 Korean exhibitors.

Gemalink Port boasts the most modern infrastructure and equipment in the country and enjoys the most advantageous location within the Cai Mep - Thi Vai port cluster (Photo: VNA)

WB sees potential for Vietnam's double-digit growth goal

Vietnam is among those few emerging market economies where an immense array of reforms is currently unfolding, generating considerable excitement and optimism. The reforms that the Government has been pushing over the last two years are the most significant since the Doi Moi (Renewal) era – a comprehensive, fast-paced reorganisation and restructuring of the state that could be potentially transformative if implemented well.