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Supporting industries receiving multinational boost

Supporting industries receiving multinational boost 10:00 | 01/04/2021 Saigon Hi-tech Park (SHTP) in District 9 According to Ho Chi Minh City People’s Committee, more foreign businesses are developing projects at Saigon Hi-tech Park (SHTP) in District 9 to become suppliers for Samsung Electronics’ CE Complex (SEHC) in the city. As of February, four local companies and nine foreign-invested enterprises have been providing materials, spare parts, and accessories to SEHC. Among them, Vija Technology JSC specialises in manufacturing automation equipment, industrial robots, precision mechanical details, and molds. Meanwhile, Daeyoung Electronics Vina Company manufactures and trades in electronic components and LED displays for household goods like refrigerators, washing machines, and air-conditioners.

Dong Nai greenlights three FDI projects worth $190 million

Dong Nai greenlights three FDI projects worth $190 million 17:59 | 13/01/2021 Dong Nai approved two South Korean and a Japanese project to invest a total of $190 million Specifically, South Korea’s Hansol Electronics Vietnam Co., Ltd., invests $100 million in Hansol Electronics Ho Nai project in the locality. Covering an area of over five hectares, the project specialises in manufacturing, processing, and assembling liquid crystal display modules (LCM) as well as electronic circuit boards of PBA. Another South Korean investor, Platel Vina, also got the nod to develop a factory in Amata Industrial Park in Dong Nai with the registered investment capital of $30 million. The factory will manufacture electronic equipment covers, as well as electrical and electronic components from plastic materials with a capacity of 400 tonnes of products per year.

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