The export garment factory project of MSA - YB Company Limited (Korea) creates jobs for more than 2,000 workers.
Many preferential and support policies have been vigorously implemented by the province, opening up strong development opportunities for businesses, while contributing to promoting sustainable development of the local socio-economy.
There are 17 FDI projects in the province from 17 foreign investors. Of which, there are 7 Korean investors, 1 Australian investor, 2 Chinese investors, 1 Taiwanese investor, 2 Hong Kong investors, 2 Samoan investors and 1 Japanese investor. The total registered capital of FDI projects is over 119 million USD (equivalent to VND2,777 billion).
Some outstanding projects include the Seshin VN2 export garment factory project of Seshin Apparel Co., Ltd. (Korea), with a registered capital of over 8.18 million USD; the export garment factory project of MSA - YB Co., Ltd. (Korea), with a registered capital of 12.1 million USD; the Tuyen Quang export shoe and sandal factory project of Chung Jye Tuyen Quang - Vietnam Shoe Manufacturing Co., Ltd. (Samoa), with a total investment capital of 26 million USD; the investment project to produce and trade PP Container packaging of Sung Lim Industrial Co., Ltd. (Korea), with an investment capital of 1 million USD; Future of Sound Vina listening equipment manufacturing and processing factory project (headphones) of FOS Company Limited (Hong Kong), investment capital of 7.5 million USD, etc.
For domestic investors, in the period of 2021-2025, the province has attracted the attention of many potential investors to invest in business projects in the province such as VinGroup; Danko Group; Flamigo Group, Muong Thanh, etc.
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