# Walsin Lihwa to build $30M stainless steel plant in Vietnam

Taiwanese industrial group Walsin Lihwa has approved a $30 million investment to establish a wholly owned subsidiary in Vietnam and build a production facility for precision-engineered stainless steel materials.

- Type: New facility
- Announced: 2026-11-09
- Where: Vietnam, Vietnam
- Value: $30.0M
- Status: announced
- Products: precision-engineered stainless steel materials
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Walsin Lihwa Corporation](https://endata.com/companies/48526.md)

## Sources

- [stockbiz.vn](https://stockbiz.vn/en/news/taiwans-usd-10-billion-industrial-giant-chooses-vietnam-for-new-facility/42697187), 2026-11-09: "Taiwanese industrial group Walsin Lihwa has decided to invest USD 30 million to establish a wholly owned subsidiary in Vietnam, with the aim of building a production facility for precision-engineered stainless steel materials."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.