Haiphong licenses Hong Kong investment project
(VOV) - The Haiphong Economic Zone Management Board has just granted an investment license to Hong Kong’s Apex Wealth International Limited. The 14 million USD factory is designed to produce 12 million pairs of high-quality stockings a year at the Vietnam-Singapore Industrial Park (VSIP) Haiphong.
The project is scheduled to get off the ground in June 2014 and churn out first commercial products a year later. Apex is the third foreign direct investment (FDI) project Haiphong has attracted so far this year.
The Ministry of Planning and Investment reports Vietnam attracted 397.2 million USD in newly-registered and additional FDI in January 2014, equivalent to 78.1% of last year’s January figure.