Updated  
July, 14 2012 08:16:58

Japan's Foster Group opens mobile component factory

HA NOI — Foster Electric Viet Nam Co Ltd, a subsidiary of the Japanese-based Foster Group, inaugurated a factory to manufacture mobile components at Vinh Hoa – Hung Nam Industrial Zone, Go Quao District, in southern Kien Giang Province on Tuesday.

The factory, the first of its kind in Kien Giang has a total investment capital of more than VND12 billion (US$570,000). It has completed the first phase, including an assembly of the components with an area of 7,000sq.m and an annual capacity of one million products. It is expected to increase capacity to two million products per year in the second phase. — VNS

Send Us Your Comments:
Name:
Your E-mail address:
Title:
 

VietNamNews may edit your comments and not all emails will be published.

SEE ALSO

Hightlight

Tax code reforms to decipher dependents Tax code reforms to decipher dependents

People who are dependent on personal income tax payers will be given their own tax codes to avoid people lodging claims as dependents of more than one taxpayer.

Farmer-firm linkups remain elusive despite Gov't efforts Farmer-firm linkups remain elusive despite Gov't efforts

More than 10 years after the Government unveiled policies to encourage tie-ups between farmers and businesses, the proportion of farm produce sold through such contracts remains modest.

Buddha statues highlight heritage Buddha statues highlight heritage

An exhibition of Buddhist artefacts from the 11th to 20th century opened yesterday at the HCM City-based Xa Loi Pagoda.

Australian book to provide ‘limitless' inspiration Australian book to provide ‘limitless' inspiration

A book by Australian limbless victim Nick Vujicic was launched in Vietnamese yesterday.