Vietnam has always been
an ideal investment destination for many foreign companies to come and set up business
in Vietnam.
Currently, Mr. Yang Jin
Seol, CEO of Hanwha Techwin Company (Korea) came to Bac Ninh to survey and
explore the investment environment in Bac Ninh province.
Working with the
Chairman of Bac Ninh Province, Mr. Yang Jin Seol said that Hanwha Techwin
Company (under Hanwha Group) is specializing in producing security devices with
27 networks globally. Turnover of the Company in 2015 reached nearly 600
million USD.
Through survey and
research, the Company is expected to invest in building factories in Que Vo
Industrial Zone with a total investment of 50 million USD, in which the first
phase (2017-2019) is 30 million USD. When put into operation, the plant will
create jobs for about 1,500 – 2,000 labor, with capacity of 2 million
pieces/year.
Mr. Yang Jin Seol hopes
that the company’s business ideas will be interested and the provincial leaders
will create favorable conditions, especially the preferential policies for
enterprises producing high-tech products so that the Company can early implemented
the plant construction in the first quarter of 2017.
The Chairman of Bac Ninh
province welcomes Hanwha Techwin Company have trusted and choose Bac Ninh as
investment destination to invest in stable and long-term production. He
also assigned the Management Board of Industrial Zones in
coordination with the Kinh Bac Urban Development Corporation – the
infrastructure investor of Que Vo Industrial Park and other offices complete
the legal procedures and creating all necessary conditions for the project of
Hanwha Techwin Company.
Bac Ninh is one of the
leading provinces in attracting FDI with nearly 1,000 projects with total
registered capital of over 12.26 billion USD. South Korea has more than 400
projects, accounting for about 50% of total FDI capital of the whole province,
in which there are many projects of large companies such
as Samsung, Orion, Daewoo, Flexcom, Intops, Nano Tech…
ANT Consulting is here
to assist you from the outset; providing corporate intelligence, risk advisory, management consulting services that assist
market entrance, and ensure efficient business start-up operation. Our
services are as following:
We strive to save your
cost by guiding you towards economical solutions that comply with local
legislation and procedures. We support you through early logistic solutions and
carry you through as your business grows.
We aim to bridge the gap between international best practices and local
cultures and assist foreign companies and organizations entering Vietnam market
to overcome commercial and regulatory issues.
We could be reached at
email: ant@antconsult.vn or
tel: +848 3520 2779 . To learn more about us, please visit
www.antconsult.vn
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