Foxconn to invest $246 mln in 2 projects in northern Vietnam

Foxconn Technology

30/06/2023 05:01

HANOI, June 30 (Reuters) - Singapore's unit of the
world's largest contract electronics maker and assembler,
Foxconn  2354.TW , has been granted a license from Vietnam to
invest $246 million in two projects in its northern province of
Quang Ninh, the provincial authority said on Friday.
    The projects will be centre on the manufacture and assembly
of telecom and electric vehicle related parts, it said. 
    
   

 (Reporting by Phuong Nguyen)
 ((Phuong.Nguyen@thomsonreuters.com; +84-24-3852-9623;))