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Mr Phung Quang Hung (R) give flowers to representative of Sindoh Vina Co., Ltd.— Photo vinhphuc
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HA NOI (Biz Hub) — Sindoh Vina Co Ltd, a South Korean company, will invest in a factory that will manufacture multi-functional devices and office equipment such as fax machines, copiers, laser printers.
The US$30-million factory will be built in Khai Quang industrial zone in Vinh Yen town, Vinh Phuc Province, 40km west of Ha Noi.
According to the plan, the factory will be operational from the first quarter of 2015 and will create jobs for 500 employees.
This factory will be the 54th project of Sindoh Vina Co Ltd in Vinh Phuc, bringing the total investment capital of South Korean investors in this province to $453.4 million.—VNS