In October, Quang Ninh province granted an investment registration certificate for the Jinko Solar Hai Ha Vietnam photovoltaic cell project capitalised at 1.5 billion USD. Goertek poured 280 million USD into a new project while expanding an existing one in Bac Ninh province. To date, Chinese investors have injected over 27 billion USD in 4,161 projects across Vietnam, placing 6th out of 143 countries and territories investing in the country.According to the MPI, investment capital flows from China to Vietnam have changed significantly in recent years in a variety of areas. In addition to restaurants, hotels, and consumer goods, Chinese investors have expanded into electricity, electronics, tire production, textiles, and footwear. This has made an important contribution to developing the country's supporting industries.Most notably, in October, the northern province of Quang Ninh granted an investment registration certificate to the Jinko Solar Hai Ha Vietnam photovoltaic cell project capitalised at 1.5 billion USD.

Source: Viet Nam News December 18, 2023 14:51 UTC