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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