A number of the largest global technology groups have set up their factories in The “Intel effect”  Intel is believed to have started the second foreign investment wave in Intel CEO Paul Otellinisaid at the time that the value of Intel’s project did not lie in its billion-dollar investment, but in its ability to lure other high-technology investors. The Ministry of Planning and Investment (MPI) has announced that Samsung, which is now running two factories in Bac Ninh and The recent moves by the South Korean electronics manufacturer have all suggested that Samsung has decided to develop Analysts are optimistic about The SHTP has granted 60 investment licenses to projects worth $2.3 billion in total so far this year, including 29 foreign-invested projects totaling $1.7 billion. The park’s management board is planning to enlarge the area by 70 hectares to accommodate more big investors in the high-technology sector. Where’s the center of the production base? After the Samsung’s factory in Thai Nguyen became operational, a number of satellite investors flocked to the province to set up their factories, making spare parts and accessories to provide to Samsung. Hundreds of millions of dollars have been poured into electronics manufacturing projects in Thai Nguyen and Bac Ninh, turning the provinces into a new electronics center of The British Laird technology firm, for example, has inaugurated a $4.7 million electronic parts factory in a land plot of 10,000 square meters in Bac Ninh province. Samsung Electronics Vietnam (SEV) alone has 60 parts suppliers, including 45 from Foreign investors have also been seeking suitable sites in Bac Giang, Hung Yen, Vinh Phuc, There are two main reasons for high-technology groups to choose Thai Nguyen provincial authorities, for example, in order to persuade Samsung to set up a factory there, have offered very attractive tax incentives for a period of 16 years. DNSG |
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