Major Japanese factory opens in Dong Nai

The Lixil Vietnam Global Manufacturing Co. Ltd under Japan's Lixil Corporation on January 8 inaugurated a new factory at Long Duc industrial zone in the southern province of Dong Nai following 20 months of construction. Covering an area of 55 hectares, the 440 million USD factory, producing aluminum and plastic doors, windows and frames, is the Lixil Corporation's largest … [Read more...]

NS BlueScope’s stainless reputation

Forged through a partnership between Japan's Nippon Steel & Sumitomo Metal Corporation and Australia's BlueScope Steel Limited, and with 20 years of operations in the Vietnamese market, NS BlueScope Vietnam has developed a reputation as a global steel industry brand. NS BlueScope Vietnam's steel structures are employed in the Nippon Sheet Glass (NSG) manufacturing plant … [Read more...]

BUSINESS IN BRIEF 6/7

SBV secures loan for new metro lineThe Asian Development Bank will provide a loan package of US$500 million for HCM City to build its Metro Line No 2 (MRT2).An agreement to this effect was signed yesterday by representatives of the ADB and the State Bank of Viet Nam (SBV).This is the second loan package for construction of a 11.3-km section of MRT2, which will run from Ben … [Read more...]

BUSINESS IN BRIEF 21/5

Exports to India rise sharplyApril's two-way trade turnover between Vietnam and India hit US$498.4 million, up 77.7 percent compared to the same period last year.The General Department of Vietnam Customs reports that Vietnam's exports to India hit US$247.8 million, an increase of 105 percent, while imports from India rose 57.7 percent to US$250.6 million.As a result, the trade … [Read more...]

BUSINESS IN BRIEF 18/5

Mortgage loan for social housing touches 6%The State Bank of Viet Nam and the Ministry of Construction on May 15 issued Circular 11 announcing an annual interest rate of 6% for loans used to purchase social houses.Under Circular 11, which guilds the implementation of Government Resolution 02 on solutions to remove difficulties against production and business, support the market … [Read more...]

Japan’s medical device manufacturer continues investment in Vietnam

Terumo Corporation, a Japanese global medical device manufacturer, was just licensed to build a medical device manufacturing plant in the Long Duc Industrial Park in Dong Nai Province. The plant, with the total investment of US$98.9 million, will be built on an area of 10 ha. It will produce around 9 million of blood containing bags per year and 1.2 million of automated … [Read more...]

Japan’s medical device manufacturer continues investment in VN

VGP - Terumo Corporation, a Japanese global medical device manufacturer, was just licensed to build a medical device manufacturing plant in the Long Duc Industrial Park in Dong Nai Province. Illustration photo The plant, with the total investment of US$98.9 million, will be built on an area of 10 ha. It will produce around 9 million of blood containing bags per year and … [Read more...]

Japan’s Lixil starts new factory

Lixil Corporation, a leading Japanese housing equipment and building materials manufacturer, started its new plant construction in Long Duc Industrial Park in southern Dong Nai province last week. The plant, capitalised at $441 million, covers 55 hectares and is expected to employ 2,000 workers after it goes into operation in November 2013. The Lixil's project was licenced by … [Read more...]

Japan invests in Dong Nai

HA NOI (VNS)— Construction of a Japanese-invested building material factory kicked off on Thursday in Long Duc Industrial Zone in the southern province of Dong Nai. The Lixil Viet Nam Global Manufacturing Co Ltd under Japan's Lixil Corporation is building the factory with a total investment of US$441 million. The factory will produce resin and aluminium products, including … [Read more...]

Construction starts on Lixil building material factory

HA NOI (VNS) - Construction of a Japanese-invested building material factory kicked off yesterday in Long Duc Industrial Zone in the southern province of Dong Nai. The Lixil Viet Nam Global Manufacturing Ltd Company under Japan's Lixil Corporation is building the factory with a total investment of US$441 million. The factory will produce resin and aluminium products, … [Read more...]