The Power Logics Ba Thien Vina and Top Intercube Vina factory is located at the Ba Thien Industrial Park in the northern province of Vinh Phuc. — Photo Khu Cong nghiep Ba Thien 2 Facebook Fanpage
Power Logics Ba Thien Vina Company Limited and Top Intercube Vina Company Limited inaugurated the Power Logics Ba Thien Vina and Top Intercube Vina factory at the Ba Thien Industrial Park in the northern province of Vinh Phuc on Tuesday.
The project has a total investment of VND450 billion (US$19.3 million), covering an area of over 4 hectares.
The project specialises in manufacturing all kinds of electronic components and smart door locks with a total capacity of approximately 20 million products per year.
This is also one of 56 Korean projects investing in industrial zones in Vinh Phuc.
The factory's products are exported to many countries and partly supplied to the domestic market, contributing to improve the local export turnover, at the same time, creating many jobs.
Currently, Vinh Phuc Province has 289 foreign direct invested projects with capital of more than $3.6 billion, which were granted investment registration certificates in industrial parks in the province. — VNS