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Japanese-invested factory produces handheld tools

Update: April, 24/2015 - 08:16

A corner of Nhon Trach 3 Industrial Park in the southern Dong Nai Province. — Photo

DONG NAI (VNS) — The Japanese-invested Tone Vietnam Co started operations at its new factory producing handheld tools in Nhon Trach 3 Industrial Park in a district of the same name on Wednesday.

The company, located in southern Dong Nai Province, invested more than US$5 million in the project.

It is an affiliate of Japan's Tone Co, which has 80 years' experience making tools. It leased two hectares of land at the industrial park in 2010.

Speaking at the inauguration ceremony, chairman of the Dong Nai People's Committee, Dinh Quoc Thai, said his province offered favourable policies for Japanese investment because of the financial strength, cutting-edge technology and responsible staff at their factgories. — VNS

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