On March 28, 2026, Mustang Battery Co., Ltd. held the inauguration ceremony for its Mustang Battery factory at Becamex Binh Phuoc Industrial Park, Dong Nai Province.
The project has a total investment of USD 46.5 million and is developed on a site of 44,570 square meters. It focuses on battery manufacturing and processing, including alkaline and zinc-manganese batteries, with a designed capacity of up to 1.2 billion units per year.
Previously, on March 28, 2025, the project officially broke ground. At the ceremony, Mr. Yu Gufeng, General Director of Mustang Zhejiang Co., Ltd., shared:
“We would like to express our sincere appreciation to the leaders and partners in Vietnam for creating opportunities and supporting our rapid and stable expansion. We strongly believe that the combination of experience from China and Vietnam will bring new momentum, creating outstanding value and a flexible supply chain to serve the global market. In addition, we are committed to working closely with local partners to foster technological talent and are expected to create more than 300 quality jobs, contributing to local economic development.”
Vietnam’s merchandise trade is set to reach a new milestone in 2025, with total export–import turnover estimated at USD 920 billion, up 16.9% year on year. The country is expected to post a trade surplus of USD 21.18 billion, marking the 10th consecutive year of surplus.
Monday, 29 Dec, 2025
Vietnam’s export story is often told from the demand side. The supply side tells a more complex story. In the first nine months of 2025, imports of key industrial inputs surged alongside export growth. The largest increases came from machinery, equipment, electronic products, components, plastics, and industrial metals.
Friday, 12 Dec, 2025
A joint venture between Vinh Phuc International Industrial Park and Services JSC (VISIZ) and SHINEC JSC officially broke ground on April 9 on the Phuc Yen Industrial Zone project in Phu Tho province — one of northern Vietnam's most strategically positioned industrial corridors.
Thursday, 09 Apr, 2026
Big trade numbers alone no longer guarantee sustainable growth. The real challenge for Vietnam is turning strategic messages into clear, executable actions that improve value retention, resilience, and long-term competitiveness.
Monday, 29 Dec, 2025
Vietnam’s confectionery market—worth nearly USD 1.8 billion and growing at over 6.8% annually—is heating up as global players double down on expansion while local brands scramble to stay in the game.
Friday, 21 Nov, 2025
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