Despite the Covid-19 pandemic, the industrial real estate market is still bustling with many merger and acquisition (M&A) deals and an increase in new industrial land areas.
VIETNAM BUSINESS NEWS JUNE 29 vietnamnet.vn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vietnamnet.vn Daily Mail and Mail on Sunday newspapers.
 Businesses cautious in Bac Giang province 23:12 | 26/05/2021
Photo: Duc Thanh
The four industrial zones (IZs) of Dinh Tram, Quang Chau, Van Trung, and Song Khe-Noi Hoang are home to over 300 foreign-invested enterprises (FIEs) with some 163,000 workers, but these manufacturing hubs of large-scale FIEs in such as Luxshare, Foxconn, Hosiden Vietnam, and SI Flex are undergoing some serious restrictions.
Appleâs largest supplier Foxconn was preparing for interruption of facilities in Bac Giang which will impact the overall operation of the group in Vietnam, with Luxshare also expected to face disruption.
Foxconn has three factories in Bac Giang â Fuhong Precision Component Co., Ltd., New Wing Interconnect Technology Co., Ltd., and FuGiang Co., Ltd. At present, the operation of the former has yet to be impacted by the pandemic, but the remaining facilities are larger in scale and thus interruption is expected.
With new business model , billionaire Pham Nhat Vuong could earn $1.5 billion Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công
20/05/2021 08:01 GMT+7
Billionaire Pham Nhat Vuong has launched a new system that is expected to help Vinhomes bring in about $1.5 billion in 2021.
Vinhomes Joint Stock Company (VHM) has released documents of the 2021 annual general meeting of shareholders, which set a goal to earn after-tax profit 45% higher (to VND35 trillion - $1.5 billion) year on year, and revenue of VND90 trillion.
The revenue of Vinhomes continues to come from mega-urban areas Vinhomes Ocean Park, Vinhomes Smart City, Vinhomes Grand Park and a number of new projects.
ICT & Patents: Vietnam Overview - The Big Push - Media, Telecoms, IT, Entertainment mondaq.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mondaq.com Daily Mail and Mail on Sunday newspapers.