NORTHERN VIETNAM BECOMES THE NEW HUB FOR ELECTRONICS GIANTS

According to the Vietnam Association of Supporting Industries (VASI), Northern Vietnam stands out in attracting foreign investment, accounting for 78% of major projects and 81% of the total capital in the electronics sector across the country.

Many leading global electronics corporations are now focusing their investments in industrial zones in Northern provinces such as Bac Ninh, Bac Giang, Thai Nguyen, Hai Phong, and Ha Nam. This region is preferred for its strategic location, close proximity to China, modern transportation infrastructure, and competitive industrial land costs.

The signing of free trade agreements has facilitated foreign investment in building factories and exporting, further boosting foreign capital inflows into Vietnam. Northern Vietnam is anticipated to quickly become the main electronics manufacturing hub in Vietnam, attracting capital from multinational companies.

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