The Vietnam Advance Film Material project, backed by a Chinese investor, has increased its investment in DEEP C 2A Industrial Park by US$60 million, bringing the total capital to US$158 million, according to an announcement from the Hai Phong City People’s Committee.

The facility specialises in producing PV film, a critical supporting layer for photovoltaic panels, with an annual production capacity of 155,000 tons. The project creates employment for 231 workers and is expected to generate an annual export value of US$60 million.

Situated in the DEEP C 2A Industrial Park, the project benefits from strategic proximity to international transportation hubs and Vietnam’s robust industrial ecosystem. The additional capital will enhance production capabilities, reinforcing the project’s contribution to the global renewable energy market and Vietnam’s position as a growing player in advanced material manufacturing.

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