About Vinh Sang
Bac Ninh : Yen Phong Industrial Park attracting US$ 7.5 billion investment
Authorities handling investment certificate to Vietnam SAMSUNG Display CO Ltd.
Image by Thai Hung – Vietnam news agency
Yen Phong (Bac Ninh) Industrial Park which was invested by Viglacera has attracted $ US 7.5 billion investment, including $ US 7.2 billion foreign investment.
Remarkably Viet Nam Samsung Display CO Ltd has recently decided to expand its business in the Industrial Park by a project of $ US 3 billion which was to build R&D factory and a new-generated high-defined displays for mobile devices, AMOLED and OLED,….
The factory was expected to create over 20,000 jobs and make an estimating export turn-over around $ US 60 billion in 2020 when putting in operation. This is the 2
largest investment projects of Sam Sung in Viet Nam.
In addition to Yen Phong, Viglacera has also contributed to most exporting turn-over of the whole Bac Ninh Province. The total value of export turn-over over 7 months of all businesses in the Industrial Park has reached to $ US 10.3 billion, accounting for 40% of Bac Ninh 2015’s planned export turn-over of $ US 25 billion.