When choosing to move part of their production line out of China to minimize risks, most of the world's leading CCE manufacturing companies choose Vietnam as a priority thanks to its geographical advantages, qualifications, and attractive domestic market.
Biggest greatest advantages of establishing electrical equipment (EE) factories in Vietnam is the growing domestic demand while domestic production capability is limited.
The following article will provide readers insight about different industrial zones in Binh Duong, the province’s favorable geographic conditions and the location of different BW projects in this industrial hotspot.
As reported by Ministry of Planning and Investment, Vietnam has 260 active industrial parks in three key economic zones, including the NKEZ (Northern Key Economic Zones), CKEZ (Central Key Economic Zones) and SKEZ (Southern Key Economic Zones).
Like other countries, Vietnam’s building materials industry is experiencing a slowdown due to the impact of COVID-19 and consumers cutting back on spending.
A firm foundation in mining and producing raw materials supports Vietnam widening its value chains and fields of industrial applications such as advanced building materials, advanced electronic materials, special advanced electric cable materials, new advanced textile materials and advanced leather plastic packaging materials, among others.
