Duyen Hai Thermal Power Company published a contractor selection result for supply of valves and industrial valve accessories for Duyen Hai Thermal Power Plant 1, Duyen Hai 3 and its expansion. The tender value is 1.61 billion VND, with the approval decision dated 27 March 2025.

Murata Manufacturing will invest an additional $25 million in Dong Nai province, Vietnam, increasing its total investment there to $41 million.

Hyosung will invest an additional $19.7 million in Dong Nai province, Vietnam, raising its total investment there to $976.3 million.

Panasonic Electric Works Vietnam began full-scale operations on January 23, 2024 at a new production building for wiring devices and circuit breakers in Binh Duong. The company expects production capacity to reach about 1.8 times its 2022 level.

Singaporean XP Power expanded transformer manufacturing capacity with an adjacent 25,500 sqm Phase 2 factory in Binh Duong, Vietnam. Reecons was contracted as design-and-build contractor for the MEP package, with 8 months of MEP installation.

Panasonic Life Solutions Vietnam began construction of its second factory in Binh Duong, Vietnam, with over $45 million investment, to make ceiling and ventilation fans and start operations in January 2021.

Panasonic Eco Solutions Vietnam broke ground on an additional factory building in Binh Duong Province, costing about 1 billion yen. The expansion aims to double wiring device and circuit breaker capacity by FY2020.