The project will be located in the Becamex Binh Dinh Industrial Park, part of the Nhon Hoi Economic Zone in Van Canh district, spanning nearly 100,000 sq.m. It includes a garment production and processing facility, a warehousing complex, and a quality control centre for raw materials and accessories.

Once fully operational, the plant is expected to produce up to 5 million products annually, generating estimated annual revenue of US$51.3 million. Additional income will stem from warehousing and quality control services (US$2.4 million), exports, import rights and wholesale distribution rights (US$400,000), and technical inspection and analysis services (US$2 million).

Construction of the plant is slated to begin in August 2025, with official operations expected to start by September 2026.

So far this year, Binh Dinh has attracted 31 new investment projects with a combined registered capital of nearly VND12.2 trillion. This includes 27 domestic and four foreign-invested projects worth about US$23 million, excluding the newly licensed Danish investment. the number of new projects has jumped 138.5% year on year, while total capital has surged by 502.6%.

Vietnam seeks Danish assistance in green energy development

VOV.VN - Deputy Prime Minister Tran Hong Ha emphasized Vietnam’s desire for Danish firms to increase investments in green energy development during his meetings with leaders of Denmark’s leading corporations and the Confederation of Danish Industry (DI) as part of his working tip to Denmark on November 25.