Vietnam Manufacturing Weekly is your reliable, 5-minute-read briefing on key movements shaping Vietnam’s industrial landscape. Each issue highlights “Incoming Factories”, new industrial real estate projects, policy updates, logistics movements, and key opportunities for Manufacturers, Buyers, Service providers, and Industrial park developers. Designed for busy professionals, it delivers verified insights in minutes—helping you stay ahead, spot opportunities, and make informed decisions in Vietnam’s fast-moving industrial sector.

Follow us on Linkedin: https://www.linkedin.com/company/manufacturing-com-vn

Before you begin, Cross Connect Club - a strategic partner of us is opening its subcription/membership programme. 

Apply to join the membership waiting list here: [Form]

>>> Now let's begin with this week's newsletter!

Dong Nai: Korean Group Breaks Ground on Second Ultra-High Voltage Cable Manufacturing Plant

On March 11, the groundbreaking ceremony for the project was officially held.

Taihan Cable Vina, a subsidiary of Taihan Cable & Solution, has invested 75 billion won (approximately USD 50.6 million) in the second factory. The facility will have the capability to expand production and manufacture ultra-high-voltage (EHV) power cables of up to 400 kilovolts and is expected to begin operations in 2027.

Currently, Taihan Vina’s factory produces a range of power cables, including high-voltage, medium-voltage, low-voltage, and overhead transmission cables.

In addition to meeting rapidly growing global demand, the company’s production capacity is also targeting the Vietnamese market, where electricity consumption is projected to increase by 10–12% annually through 2030.

Once completed, Vietnam will become Taihan Cable & Solution’s second global production hub for EHV cables, alongside its major manufacturing facility in Dangjin, South Korea. Previously, the group’s first factory in Vietnam—also located in Long Thanh Industrial Park (Dong Nai Province)—has been in operation since 2007.

Vinh Long: Acecook Vietnam Inaugurates New Vinh Long Factory

On March 10, Acecook Vietnam Joint Stock Company officially inaugurated its new Vinh Long Factory at Hoa Phu Industrial Park (Phu Quoi Commune, Vinh Long Province).

The new Acecook Vinh Long factory is built on an area of 11 hectares within Hoa Phu Industrial Park, with a total investment exceeding USD 200 million. Once fully installed and operational, the facility will operate 17 production lines with an expected capacity of 81,000 tons of finished products per year and 27,600 tons of semi-finished products annually (including soup packets and seasoning oil sachets).

In the initial phase, the factory will operate nine production lines, with an estimated output of around 1.2 billion product packs per year for both domestic consumption and export markets.

Bac Ninh: Cooler Master Seeks to Lease 100 Hectares of Land more to Expand Manufacturing Operations

On the morning of March 10, Mr. Pham Hoang Son, Deputy Secretary of the Bac Ninh Provincial Party Committee and Chairman of the Bac Ninh People’s Committee, held a meeting with the Vice President of Cooler Master Group.

According to the Cooler Master representative, the group aims to make Bac Ninh a benchmark location for building its global supply chain. The company is planning to lease approximately 100 hectares of land at Gia Binh Industrial Park to expand its manufacturing operations, while also attracting vendors and partners to invest in production in order to strengthen supply chain stability.

✴️ You may want to check out: Know more about Cooler Master

In addition, the group plans to develop residential areas for workers and dedicated housing for staff and employees, along with investing in talent development programs to support its global workforce needs.

If the plan is approved, the total investment by Cooler Master Co., Ltd. could reach approximately USD 3 billion. By 2029, the project is expected to create employment opportunities for around 40,000 workers.

Currently, Phase I of the Group’s 10-hectare project at Gia Binh Industrial Park has been in operation since July 2025, employing nearly 1,300 workers. In 2026, the project is expected to require approximately 5,000 employees.

Domestic Agribusiness Shifts Toward Investment in Lithium Battery Manufacturing and Export

On March 10, the Board of Directors of TCO Holdings Joint Stock Company (HOSE: TCO) approved the plan to develop a lithium battery manufacturing and export project with an estimated total investment of around VND 200 billion.

According to the plan, the factory will be built in Vietnam and will focus on producing two main product lines: lithium-ion batteries and lithium iron phosphate (LFP) batteries—both widely used in electric vehicles and renewable energy storage systems.

The project targets export markets including the United States as the primary market, alongside India, Pakistan, and the Middle East. Implementation is expected to begin in 2026, with plans to establish a subsidiary or form joint ventures with partners that possess advanced technologies.

Hai Phong: GE Vernova Invests USD 200 Million to Build Manufacturing Plant

On March 10, 2026, GE Vernova Inc. (NYSE: GEV) announced plans to invest USD 200 million to build an HVDC power transmission equipment manufacturing plant in Hai Phong, while also expanding cooperation in LNG-to-power projects.

The new facility will produce large-scale power transformers, primarily serving high-voltage direct current (HVDC) transmission projects. It will complement GE Vernova’s existing HVDC transformer manufacturing facilities in Stafford (United Kingdom) and India. HVDC technology enables efficient long-distance power transmission and ensures stable, safe, and reliable grid operations. The Hai Phong plant will be developed in phases and is expected to become fully operational by 2028.

Currently, GE Vernova’s equipment contributes to approximately 30% of Vietnam’s total electricity generation capacity, with more than 1,100 employees working across nine operational facilities nationwide.

HCMC: Groundbreaking Ceremony for TH Binh Duong Clean Food Processing Plant

On the morning of March 9, TH Group held the groundbreaking ceremony for the TH Binh Duong Clean Food Processing Plant project at Song Than 3 Industrial Park (Binh Duong Ward, Ho Chi Minh City).

With a total investment of more than VND 6,000 billion and covering an area of 10 hectares, the facility will have a designed capacity of nearly 1 million tons per year. The project is expected to become one of the largest and most modern dairy, beverage, and clean food processing plants in Vietnam, applying advanced science, technology, and management systems in the AI era while operating on a sustainable development foundation.

Hung Yen: Groundbreaking Ceremony for VND 4,000 Billion Waste-to-Energy Plant

On the afternoon of March 6, the groundbreaking ceremony for the Phu Cu Waste-to-Energy Plant project was held in Hung Yen Province. The project is invested by CNTY – EUZY Group through Thien Y – Huy Anh Environmental Energy Joint Stock Company.

According to the investor, the Phu Cu Waste-to-Energy Plant will be developed on an area of approximately 7 hectares in Doan Dao Commune, with a waste treatment capacity of around 1,600 tons per day. The facility is designed to generate about 40 MW of electricity, with a total investment of approximately VND 4,000 billion.

Bac Ninh: Groundbreaking Ceremony for the HIGHWAY VINA Factory

On February 28, 2026, the groundbreaking ceremony for the HIGHWAY VINA Factory Construction Project took place at Que Vo II Industrial Park, Bac Ninh Province.

The factory will cover an area of 18,500 square meters and specialize in the production of wooden furniture. This project represents an expansion of HIGHWAY VINA’s manufacturing operations, following the company’s existing development at Minh Quang Industrial Park, Hung Yen Province.

Tay Ninh: Groundbreaking Ceremony for Stepwell Technology Factory

On March 14, 2026, the groundbreaking ceremony for the Stepwell Technology factory project was held in Tay Ninh.

Industry: Foam cushion manufacturing for the footwear sector
Investor: Stepwell Technology Co., Ltd.
Location: Tay Ninh (formerly Long An)
Scale: 10,000 m², two-story factory facility.

Total project area: 2.5 hectares; Industry: Packaging manufacturing.

Hai Phong: Biel Crystal Expands Production with New Factory

On March 10, 2026, the Factory No.5 project of Biel Crystal officially broke ground at An Phat 1 Industrial Park, Hai Phong, Vietnam.

According to the master plan, the project is located on a site of approximately 20 hectares and is designed to expand the company’s production capacity for optical components and related products.

After completion, the factory is expected to produce annually:
• Nearly 121 million glass products
• Over 121 million optical devices and instruments
• Around 154 million plastic products
• Sorting and inspection of nearly 123 million glass panel products

The expansion is expected to strengthen the production capacity and high-tech component supply chain in Hai Phong, while continuing to attract supporting industries in the electronics and optical sectors.

> Book a Site Tour to any of Vietnam 400+ Industrial Park/ RBF/ RBW Projects with us!

Groundbreaking Ceremony for Thang Long Thanh Hoa Industrial Park Project – Phase 1

On the morning of March 11, the People’s Committee of Thanh Hoa Province, in coordination with Thang Long Thanh Hoa Industrial Park Co., Ltd. (a subsidiary of Sumitomo Corporation, Japan), held the groundbreaking ceremony for the Thang Long Thanh Hoa Industrial Park Infrastructure Development and Business Project – Phase 1.

Phase 1 of Thang Long Thanh Hoa Industrial Park covers a land area of 167 hectares, with a total investment of VND 2,917 billion (equivalent to approximately USD 115.8 million).

The project was approved in principle by the Thanh Hoa Provincial People’s Committee under Decision No. 1316/QĐ-UBND dated April 29, 2025. The Investment Registration Certificate was subsequently issued by the Nghi Son Economic Zone and Industrial Parks Authority on May 5, 2025.

Hai Phong: More options for Investor - A New Ready-Built Factory for Lease Project

On March 12, 2026, the groundbreaking ceremony for the VNIC ready-built factory project was held at An Phat I Industrial Park, Hai Phong.

The project covers a total area of 30,000 square meters and aims to meet the rapidly increasing demand for factory space from FDI investors.

Da Nang: Tam Anh – An An Hoa Industrial Park Project Expected to Break Ground on March 24, 2026

According to the approved investment policy, the project will cover approximately 435.8 hectares of land in Tam Anh Commune. Of this, 331 hectares are designated as leasable industrial land, 65 hectares for green space, and nearly 40 hectares for technical infrastructure.

According to the investor’s plan, the groundbreaking ceremony is scheduled for March 24, 2026, as part of a series of activities commemorating the 51st anniversary of the Liberation of Da Nang (March 29, 1975 – March 29, 2026).

The Tam Anh – An An Hoa Industrial Park is expected to become a new industrial hub in the southern area of Da Nang, contributing to the industrial, service, and logistics ecosystem within the Chu Lai Open Economic Zone.

YOU MAY WANT TO CHECK OUT THIS EVENT:

Join our event group to receive latest updates on key industry events (B2B):

https://zalo.me/g/lyvedh082

Groundbreaking Ceremony for 10-Hectare Infrastructure of the Hanoi Biotechnology High-Tech Park

On the morning of March 14, at Thuong Cat Ward, Hanoi, Pacific Land Vietnam Joint Stock Company held the groundbreaking ceremony for the construction of infrastructure on a 10-hectare site, part of the Hanoi Biotechnology High-Tech Park (Silver Lake) project.

In the initial phase, the 10-hectare area will see the development of internal road systems, power supply infrastructure, water supply and drainage systems, environmental treatment facilities, telecommunications and information technology infrastructure, as well as supporting facilities serving research, high-tech manufacturing, and related services.

“Manufacturing is the Heart of the Industrial Sector. And we are proud to dedicate ourselves to empowering its Development with Clarity, Expertise, and Practical Solutions.” - Minh Truong, Founder of Manufacturing.com.vn.