Boeing Suppliers Plan Increased Investment in Vietnam

Boeing Suppliers Plan Increased Investment in Vietnam

According to local authorities, KP Aero, a South Korean aviation industry supplier producing components for Boeing aircraft, plans to invest USD 20 million in establishing a factory in central city of Danang. This move is anticipated to contribute to the expansion of...
Nestlé to Invest USD 100 Million in Coffee Factory in Vietnam

Nestlé to Invest USD 100 Million in Coffee Factory in Vietnam

In January 2024, Nestlé Vietnam announced a USD 100 million investment to increase production capacity at its Tri An coffee factory, located in the southern province of Dong Nai. This will help the company meet growing local and international consumer demand for...
US Chipmaker Nvidia to Set R&D Base in Vietnam

US Chipmaker Nvidia to Set R&D Base in Vietnam

Nvidia confirmed intentions to deepen collaboration with high-tech companies in Vietnam, with a focus on fostering local expertise in artificial intelligence (AI) and digital infrastructure development. The US firm also revealed plans to establish a chip center in...