|The Power Logics Bá Thiện Vina and Top Intercube Vina factory is located at the Bá Thiên Industrial Park in the northern province of Vĩnh Phúc. — Photo Khu Công nghiệp Bá Thiện 2 Facebook Fanpage|
VĨNH PHÚC — Power Logics Bá Thiên Vina Company Limited and Top Intercube Vina Company Limited inaugurated the Power Logics Bá Thiện Vina and Top Intercube Vina factory at the Bá Thiên Industrial Park in the northern province of Vĩnh Phúc on Tuesday.
The project has a total investment of VNĐ450 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 Vĩnh Phúc.
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, Vĩnh Phúc 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