RoK firm inaugurates semiconductor plant in Ha Nam

 The Seoul Semiconductor Co., Ltd from the Republic of Korea (RoK) on May 27 inaugurated a plant in the northern province of Ha Nam. 

Illustrative photo

Illustrative photo

Covering an area of 7.5 ha in the Dong Van I Industrial Park (IP) in Duy Tien district, the 300-million-USD plant  specialises in manufacturing semiconductor products, hi-tech LED systems and spare parts serving sectors of lighting, electronics, telecommunication, and those requiring energy saving. 

The factory applies modern technologies such as nPola, WICOP, DRT ad UV LED, enabling it produce LED lighting systems without power adapters. The plant generates jobs for over 3,000 workers. 

Chairman of the provincial People’s Committee Nguyen Xuan Dong said at the inauguration ceremony that this is the largest ever foreign direct investment project in Ha Nam.

He stressed the project is in line with the hi-tech and supporting industry development strategy, as well as the socio-economic development plan of the province. 

The project not only meets the market demand, but also open a opportunity for suppliers of auxiliary products, which serves the production of the plant, Dong said. 

He asked the Management Board of IPs, and relevant department and sectors of Ha Nam to coordinate closely in addressing difficulties facing Seoul Semiconductor in particular, and other investors in general, thus making it easy for their operations in the locality.

Vietnamnews

Other news

Most view

A guava field in Can Tho (Photo: KK)

APEC 2017 Food Security Week opens in Can Tho

The APEC 2017 Food Security Week and High-Level Policy Dialogue on Enhancing Food Security and Sustainable Agriculture in Response to Climate Change will be held in the Mekong Delta city of Can Tho on August 18-25.

Banking-finance

Economy

Rice export target set at 5.2 million tonnes in 2017

The Vietnam Food Association (VFA) aims to ship 2 million tonnes of rice to foreign countries in the last five months of the year, increasing total rice export for the whole year to 5.2 million tonnes, up 6 percent year-on-year.

Self - introduction

Stock market

VPBank prepares for listing on HOSE

The Ho Chi Minh City Stock Exchange (HOSE) said over 1.33 billion shares of Vietnam Prosperity Joint Stock Commercial Bank (VPBank) will officially be listed on the HOSE, code VPB, from August 17 with the reference price of VND 39,000 per share.