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USI Group boosts investment in northern Vietnam by US$75 million

USI Group, a Taiwanese (China) investor, has announced a US$75 million increase in its project at the DEEP C Industrial Park Complex. This capital boost raises the total investment to US$290 million, reinforcing the group’s commitment to expanding its operations in Vietnam, according to an announcement from the Hai Phong City People’s Committee.

The project specialises in producing and assembling electronic circuit boards, wearable devices, smart handheld devices, and household appliances. With a production capacity of 260 million product sets per year, it plays a significant role in Vietnam’s growing tech manufacturing sector. The facility employs 1,000 workers and contributes substantially to the country’s export economy, generating US$500 million in annual exports.

Located within the strategically positioned DEEP C Industrial Park, USI Group benefits from proximity to international transport links and access to a robust industrial ecosystem. This expansion highlights Vietnam’s growing appeal as a global manufacturing hub and DEEP C’s pivotal role in attracting high-tech investment.

See also: Electronics Manufacturing in Vietnam

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