![]() |
Six ventures have been awarded investment certificates by Quang Nam. South Korean firms have received two of these, with Kyung Rim Tech Co., Ltd. set to fund an auto-parts assembly in Dien Nam Dien Ngoc IP worth VND146 billion ($5.7 million). Meanwhile, Oriental Commerce Vina Co., Ltd. will manufacture supporting products for the packaging industry in Tam Thang IP to the tune of VND186 billion ($7.3 million).
China's Standard Track Co., Ltd. will spend VND58 billion ($2.3 million) on building a household appliances factory in Tam Thang 2 IP, while Hong Kong-based Portillo Estudio Ltd. will construct a ready-built warehouse costing VND216 billion ($8.5 million) in Dien Nam Dien Ngoc IP.
Tucai SA from Spain also received an investment certificate to manufacture flexible connectors with an investment of over VND187 billion ($7.3 million). Likewise, Vietnamese corporation Thaco Auto was approved to develop its research and development centre valued at VND292 billion ($11.5 million) at Chu Lai Truong Hai Automobile Mechanical IP.
In addition, Quang Nam also signed agreements on investment research for four different initiatives.
Thaco will spend over VND7.2 trillion ($282.4 million) researching methods of dredging the Cua Lo channel to accommodate 50,000-tonne ships, while Capella Quang Nam JSC will inject over VND600 billion ($23.5 million) on infrastructure for the expansion of Tam Thang IP 2.
Meanwhile, Viet Phuong Investment Group will research investment in the infrastructure of Bac Thang Binh 1 and Bac Thang Binh 2 IPs, utilising more than VND6.5 trillion ($255 million), and Hoi An South Development Ltd will continue to invest more than $1 billion in Phase 2 of Hoiana Resort & Golf.
![]() | Kärcher inaugrates new production plant in Quang Nam Kärcher Group, renowned for its high-pressure cleaning products, inaugurated and began operations at a new cleaning equipment factory at Tam Hiep Port Logistics Industrial Park in the central province of Quang Nam. |
![]() | Hyosung projects in Quang Nam delayed due to land and compensation barriers South Korea's Hyosung Group is facing land rent and compensation barriers as it attempts to implement its $1.3 billion investment commitments in the central province of Quang Nam. |
![]() | Quang Nam province invests in future with fresh development milestones The central province of Quang Nam is supporting businesses, improving the business environment, and calling on investors for a breakthrough in rapid and sustainable development. |
What the stars mean:
★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional