Korean Electronic Plant in Hai Phong to be started in 2016

The northern province of Hai Phong has just granted certificate to Haengsung Electronics Vietnam with 100 percent foreign capital from the Republic of Korea (RoK) to build the electronic spare parts plant in Hai Phong.

Accordingly, the US$ 100million plant will produce electronic spare parts for mobile phone, telephone, home appliances with its capacity of 4.77million electronic boards; 6.864 million electronic circuit boards…  per year.

It is estimated to set up its production chain in April 2016 and put into operation from January 2017.

T.Tuyet –Translated by M.Quyen

Other news

Most view

Banking-finance

Self - introduction

Stock market

VN Index down on the back of blue chips

Viet Nam’s benchmark VN Index remained fragile on Monday, losing its positive momentum as investors remained cautious over the current market downtrend.