{"id":1156,"date":"2026-06-13T16:32:24","date_gmt":"2026-06-13T07:32:24","guid":{"rendered":"https:\/\/india-marketing.jp\/vietnam-news\/meiko-phu-tho\/"},"modified":"2026-08-02T01:21:08","modified_gmt":"2026-08-01T16:21:08","slug":"meiko-phu-tho","status":"publish","type":"vietnam-news","link":"https:\/\/india-marketing.jp\/en\/vietnam-news\/meiko-phu-tho\/","title":{"rendered":"Japan's Meiko breaks ground on a USD 500 million electronic circuit plant in Phu Tho Province: its sixth site in Vietnam, for AI and aerospace, with 2,000 jobs"},"content":{"rendered":"
\nThis article is based on what we could verify As of August 1, 2026<\/strong> This article is based on public materials and news reports from Vietnam. Vietnam's tax system, regulations, and administrative divisions change frequently, so information here may have been updated since publication. For actual business decisions, please confirm the latest details with the relevant government authorities or local experts as primary sources.\n<\/div>\n\n\n

Printed circuit board major Meiko<\/strong> broke ground on June 12, 2026 in northern Vietnam's Phu Tho Province<\/strong> at the Yen Quang Industrial Park, on an electronic circuit manufacturing plant with an investment of $500 million (approximately 80 billion yen)<\/strong>. The new plant, \"Meiko Yen Quang,\" will handle high-value-added boards for AI and aerospace applications<\/strong> and will be Meiko's sixth base in Vietnam<\/strong>. At full operation it will generate roughly about 2,000<\/strong> local jobs.<\/p>\n

What will be made at the new Phu Tho Province plant?<\/strong><\/h2>\n

The plant that broke ground is an electronic circuit manufacturing base within the Yen Quang Industrial Park, and its products will supply AI-related equipment and aerospace applications. Meiko has already operated five sites in Vietnam since entering in 2007, and this marks its sixth. Deputy Prime Minister Ho Quoc Dung attended the ceremony and called for advancing the construction schedule, complying with environmental regulations, and raising the ratio of procurement from local suppliers.<\/p>\n

Why choose northern Phu Tho Province?<\/strong><\/h2>\n

Phu Tho Province is an inland province near Hanoi, part of the northern FDI corridor where electronics and materials investment from Samsung and POSCO-affiliated companies is concentrated. At full operation, annual sales are expected to reach about $530 million (approximately 84.8 billion yen)<\/strong>, a production scale slightly exceeding the investment amount. Since the boards are incorporated into the front-end processes of EVs, data centers, and semiconductor mounting, the location appears aimed at a procurement network that is self-contained within the northern electronics cluster.<\/p>\n

How this affects Japanese companies' expansion<\/strong><\/h2>\n

The ramp-up of mass production of AI- and aerospace-grade boards in the north means an increase in sourcing options for Japanese set makers procuring boards for automotive, industrial equipment, and telecommunications applications. It is also worth noting that the Deputy Prime Minister specifically called for raising the local procurement ratio. In peripheral processes such as resins, chemical solutions, mounting materials, and inspection equipment, there is room to break into the local supply chain. Phu Tho Province is within driving distance of Hanoi, making it easy to combine with existing northern bases for rotating oversight.<\/p>\n
Item<\/th>Description<\/th><\/tr><\/thead>
Company<\/td>Meiko (Japanese printed circuit board major)<\/td><\/tr>
Location<\/td>Yen Quang Industrial Park, Phu Tho Province<\/td><\/tr>
Investment amount<\/td>$500 million (approximately 80 billion yen)<\/td><\/tr>
Product<\/td>Electronic circuit boards for AI and aerospace applications<\/td><\/tr>
Employment<\/td>about 2,000<\/td><\/tr>
Positioning<\/td>Sixth base in Vietnam (entered in 2007)<\/td><\/tr>
Projected annual sales<\/td>about $530 million (approximately 84.8 billion yen)<\/td><\/tr>
Construction start<\/td>June 12, 2026<\/td><\/tr><\/tbody><\/table>\n

Related reading:
\n-Sanyo Denki plans a cooling fan plant worth approximately $47 million in Hung Yen Province<\/a>
\n-Samsung to build a 1.5 billion dollar semiconductor test plant in Vietnam, with operations starting in 2027<\/a>
\n-POSCO Future M builds a $282 million synthetic graphite anode material plant in Thai Nguyen Province<\/a><\/p>\n

Source: The Investor<\/a><\/p>\n\n

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