Foxconn to recruit 1,000 workers in Vietnam

Vietnam is currently Foxconn’s largest production hub in Southeast Asia.

Taiwan-based Foxconn or Hon Hai Precision Industry, known as a major manufacturing partner of Apple, has announced its plan to recruit 1,000 workers for assembling electronic parts.

Under the announcement, workers are required to work at Dinh Tram, Quang Chau, and Van Trung industrial parks in Bac Giang province, and Que Vo industrial park in Bac Ninh province, with an income of VND8-10 million (US$348-435) per month.

Foxconn, Apple, Vietnam, Taiwan, Macbook, Ipad, recruitment  Foxconn among investors receive investment licenses from Bac Giang's authorities. Photos: Duong Thuy

In January, the firm received an investment license from the authority of Vietnam’s northeastern province Bac Giang for a US$270-million manufacturing project.

The plant would be specialized in manufacturing tablets and laptops for Apple with the production capacity of eight million units per year.

Making inroads into Vietnam in 2007 with the first two manufacturing plants in Bac Ninh and Bac Giang provinces, the country is currently Foxconn’s largest production hub in Southeast Asia. 

As of December 2020, total investment capital of the group stood at US$1.5 billion and employed over 53,000 locals, in which the investment capital in Bac Giang province amounted to US$900 million.

In 2021, the group would continue to invest another US$700 million and create jobs for 10,000 people.

Foxconn is currently rushing to shift away from being overly dependent on Chinese production as reported by Nikkei, with the goal of making its production outside China total more than 30% of its overall production.

Rival companies such as Taiwanese electronics manufacturer Pegatron and contract manufacturer Wistron have also decided to expand into Vietnam, with the latter planning to invest US$1 billion to build a manufacturing complex at the Nam Dinh Vu industrial park in the northern city of Haiphong.

News Related

OTHER NEWS

Indian companies pin high hopes on Vietnamese market

Indian companies are turning their focus to Vietnam as the country is emerging as one of the bright stars in the COVID-19 dark sky. Read more »

VMED Group leads way in pioneering med-tech solutions

With an ambition to increase high-quality healthcare access to local people, VMED Group is instigating development of new med-tech solutions to reach more health facilities nationwide. Read more »

Two more imported COVID-19 vaccines approved in Vietnam

US’s Moderna and Russia’s Generium COVID-19 vaccines are green-lighted by the Vietnam Ministry of Health for emergency use, becoming the next authorized candidates in Vietnam after AstraZeneca. Read more »

People pray outside as pagodas closed for Covid-19 prevention

Many people in Hanoi have prayed outside closed pagodas on the 15th day of the first lunar month. People pray outside closed door at Phuc Khanh Pagoda on February 25 Vietnamese often visit... Read more »

Vietnam to import two more vaccines from the US and Russia

The Advisory Council for Drug Circulation and Registration has proposed to the Ministry of Health to import the Moderna vaccine from the US and Sputnik V vaccine from Russia. Vietnam to import Moderna... Read more »

Shares decline as pillars lose ground

On the Ho Chi Minh Stock Exchange (HoSE), the market benchmark VN-Index decreased 0.62 per cent to end the morning session at 1,158.15 points. Photo tinnhanhchungkhoan.vn Shares declined on Friday morning due to... Read more »

Vietnam approves US, Russia Covid-19 vaccines for emergency use

The Ministry of Health has approved the U.S.'s Moderna and Russia's Sputnik V Covid-19 vaccines for use in emergencies. Read more »

Vietnam’s delivery e-commerce startup Loship raises funds from Skype co-founder

Loship, Vietnam’s fast-growing one-hour-delivery e-commerce startup, has announced its latest investment from Skype co-founder Jaan Tallinn, who participated through his investment vehicle MetaPlanet Holdings. This capital injection marks Loship as the first portfolio... Read more »

Interntaional Women’s Day (March 8): Top Amazing and Unique Gifts for Women

Interntaional Women’s Day (March 8): International Women’s Day is celebrated in many countries across the world. The day is about recognizing women’s achievements and their contribution to the family. It is also a... Read more »

HCMC education sector proposes support for primary students in private schools

HCMC education sector proposes support for primary students in private schools Read more »