HOMEPAGE
Hot Properties
ADB: Vietnam’s 2009 GDP growth to be highest in South East Asia
MGM Grand Ho Tram: Vietnam’s First ‘Las Vegas Style’ Integrated Resort
Nha Trang’s Twin Towers project licenced
Foreign investors still have good opportunities in Vietnam
Sierra Wireless gets a foot in Vietnam’s ICT market
INDOCHINA INTERNATIONAL CONSULTING CO., LTD
HO Add: 62L/36 Nguyên Hồng, Ward 11, Bình Thạnh District, HCMC - Vietnam
Biz Office Add: #48 Road No 11, Quarter 6, Hiệp Binh Chánh Ward, Thủ Đức, HCMC - Vietnam
®Source: http://viipip.com should be clearly quoted for any use of information extracted from our website.
Publication permit No: 60/GP-TTĐT , April 05, 2010.
RoK’s polyester tyre cord fabrics plant inaugurated in Binh Duong
Date: 10/1/2018 8:57:20 AM
The Republic of Korea’s Kolon Industries Binh Duong Co. Ltd opened a plant in the southern province of Binh Duong on September 18 to manufacture polyester tyre cord fabrics.
Built at a total cost of US$220 million, the plant is currently able to produce 1,400 tonnes of fabrics each year.
Speaking at the event, Vice Chairman of the provincial People’s Committee Mai Hung Dung said the plant suits the province’s policy of prioritising projects with high added value, modern and eco-friendly technology.
He wished the plant would churn out quality products and pledged all possible support for the company and other investors to do business in the locality.
Earlier, the provincial People’s Committee and Kolon Industries Group signed a Memorandum of Understanding on building a plant manufacturing car tyre belts and air bags worth US$1 billion on a about 42ha at Bau Bang industrial park.
Capital for the first stage from 2017-2018 will be US$220 million while the second stage from 2018-2026 needs US$600 million, and nearly US$1 billion for the third stage.
Founded in 1954, Kolon Industries Group is a multinational corporation focusing on high-tech products such as car tyre belts, air bags and materials used in electronics, electricity and fashion.
(Source:VNA)
Other news- Vietnam will become a destination for Chinese investors in the future (11/6/2023 1:03:19 PM)
- Thua Thien - Hue: Calling for investment (11/6/2023 1:00:42 PM)
- Hai Phong Planning to establish a series of industrial parks and economic zones (11/6/2023 12:58:13 PM)
- The Fastest Growing Economies In 2024 (11/6/2023 12:56:34 PM)
- Hai Phong reached the target of attracting FDI capital (10/17/2023 5:18:21 PM)
- Long An has 1,215 FDI projects with capital of 10,519 million USD (10/17/2023 8:40:41 AM)
- What do FDI enterprises recommend to the Vietnamese Government? (10/17/2023 8:38:33 AM)
- Vietnams 3 commitments to foreign businesses and investors (10/17/2023 8:35:45 AM)
- Up to now (2023), how much money have Asian tigers invested in Vietnam? (10/17/2023 8:31:59 AM)
- Another semiconductor manufacturer expands in Vietnam (10/17/2023 8:30:44 AM)
- Billions of dollars poured into Vietnamese semiconductor projects (10/17/2023 8:26:09 AM)
- Revealing the reason why Central region continuously invested by giants Foxconn, Goertek... (10/17/2023 8:24:49 AM)
- VIFTA: Vietnam-Israel Boulevard opened (8/28/2023 9:29:44 AM)
- Wistron announced to pour another 24.5 million USD into Vietnam to build a new factory. (8/28/2023 9:28:33 AM)
- Formulate policies to develop the logistics industry (8/28/2023 8:50:54 AM)
NEWS CATALOGUE
- Vietnam will become a destination for Chinese investors in the future
- What do FDI enterprises recommend to the Vietnamese Government?
- Up to now (2023), how much money have Asian tigers invested in Vietnam?
- Another semiconductor manufacturer expands in Vietnam
- Billions of dollars poured into Vietnamese semiconductor projects
