Construction of two projects producing high-technology and electronic equipment has started in northern Bac Ninh province with combined investment capital of over $640 million.
The Victory Giant Technology Vietnam, invested in by Chinese chipmaker Victory Giant Technology Co., Ltd., is dedicated to the research, development, manufacturing, and trade of high-precision circuit boards.
It will cover a 10-hectare area within the VSIP Bac Ninh 2 Industrial Park with total investment capital of $520 million.
Meanwhile, the Green Precision Manufacturing Vietnam, invested in by Chinese high-technology firm Green Precision, will specialize in researching, designing and producing electronic components, with an investment capital estimated at over $120 million.
With a total registered FDI capital of over $48 billion as of early 2025, Bac Ninh now ranked second in Vietnam in terms of FDI attraction, behind Ho Chi Minh City.
Exports of electronic and technological products account for over 80% of the province’s export turnover.