On March 26, Token Sciences (Vietnam) held the inauguration ceremony for its new manufacturing facility, reinforcing Bac Ninh’s momentum in attracting electronics and high-tech supply chain projects.
The Token Sciences factory is built on nearly 19,000 m², including production space, warehouses, and supporting facilities. Total investment is about VND 689 billion (around USD 27 million).
The plant focuses on manufacturing display products, with a designed capacity of roughly 3.6 million units per year, serving consumer electronics, smart devices, and high-tech industrial applications.
The project received its Investment Registration Certificate in March 2025 at Hoa Phu Industrial Park. By March 2026, it had undergone its third adjustment, completing key deployment conditions and preparing for operations from Q1/2026.
The stated goal is to build a modern electronics manufacturing base serving both the domestic market and exports.
At the inauguration, Bac Ninh Vice Chairman Pham Van Thinh said the province is expected to become a major hub for glass production, including conductive glass, a field described as a strength of Token Sciences.
He also noted that Bac Ninh is home to large companies such as Apple, Samsung, and Tesla, which could potentially use the company’s products. The province views Token Sciences’ investment as a fit for strengthening the supply chain—from foundational components to finished products—supporting global brands.
Bac Ninh confirmed it will facilitate the project and treat the company as a strategic investor. Provincial leadership encouraged the company to proactively report difficulties for timely resolution, and urged the early installation of rooftop solar panels to improve energy efficiency and support sustainability goals.
Token Sciences (Vietnam) is a subsidiary of Wuhu Token Sciences Group, a key player in China’s display materials industry, particularly in ITO conductive glass and touch modules.
Beyond this project, Bac Ninh has continued to record positive investment signals in electronics within industrial parks:
A Cooler Master Vietnam accommodation facility project at Gia Binh Industrial Park registered USD 100 million in investment.
GIS Technology Vietnam, a subsidiary of Foxconn, increased its capital by USD 60 million for its project at Yen Lu Industrial Park, bringing total investment to USD 90 million. The company is described as producing electronic components, particularly in displays and touch technology.
According to Bac Ninh’s industrial park authority, the province plans to prioritize investors with strong financial capacity and significant budget contributions, focusing on high-tech fields such as software, electronics and IT, automation equipment, mechanical engineering, auto–motorcycle parts, electrical equipment, and other higher value-added products.
Quang Ninh continues to set benchmarks for investment facilitation speed as the Winner Medical Vietnam Medical Supplies Manufacturing Plant has officially been granted its Investment Registration Certificate in less than 30 days from the signing of the principle agreement in China.
Saturday, 10 Jan, 2026
On the morning of December 25, Gainwell Vietnam Wood Co., Ltd. held the groundbreaking ceremony for its high-end interior and exterior furniture manufacturing plant at the Nhon Hoi Economic Zone (Quy Nhon Dong Ward, Gia Lai Province). The project has a total investment of over VND 280 billion and a designed production capacity of 800,000 products per year, targeting compliance with international standards in product quality, occupational safety, and environmental protection.
Thursday, 25 Dec, 2025
PAN Group (HOSE: PAN) has completed the transfer of its stake in Bibica, marking a major ownership change for one of Vietnam’s long-established confectionery brands. The transaction was executed through the sale of PAN’s entire capital contribution in Bibica Capital LLC to Momogi Group VN LLC, a member of Indonesia’s Momogi Group.
Tuesday, 31 Mar, 2026
Vietnam’s export growth is being led overwhelmingly by foreign-invested enterprises. On a monthly basis, FDI manufacturers consistently account for the majority of export value. In several peak months, FDI exports exceeded USD 30 billion, while domestic enterprises contributed less than half of that figure. More importantly, FDI export growth rates remain higher and more stable over time.
Friday, 12 Dec, 2025
POSCO Future M is moving to expand its global battery-materials footprint with a major new investment in Vietnam, following what the company described as the largest anode-material contract since it entered the business.
Tuesday, 17 Mar, 2026
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