Taiwan’s Lioho Machine Works has started building a factory in Vinh Phuc north-west of Hanoi, The Investor is reporting. The project is reportedly worth US$75 million and is set to cover five hectares. When complete it will produce car parts, farm equipment, and pumps.
Taiwan firm starts work on machine factory north of Hanoi
VIETNAM DAILY NEWS BRIEF | 02 NOVEMBER 2026
VinFast founder Pham Nhat Vuong injects another US$436 million into the loss-making EV maker as Vingroup reports record quarterly profits. Meanwhile, Vietnam faces a
VIETNAM DAILY NEWS BRIEF | 30 OCTOBER 2026
Vietjet’s parent company calls for stronger aircraft leasing protections just weeks after a UK court authorised the seizure of the airline’s overseas assets. Meanwhile,
VIETNAM DAILY NEWS BRIEF | 29 OCTOBER 2026
In today’s news brief: HP and Asus shift production back to China, Tesla begins hiring in Vietnam, Saigon Commercial Bank closes all but three
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