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 project in Vietnam and the biggest from Japan operating in Dong Nai. It is expected to create jobs for about 2,000 labourers. According to Chairman of the provincial People's Committee Dinh Quoc Thai, in recent years the province enjoyed an increase in the number of Japanese investors. In 2013, the money Japanese investors poured into Dong Nai accounted for 30 percent of more than 1.6 billion USD in foreign direct investment of the province. He affirmed that Dong Nai will make the best conditions for investors to do effective business in the locality.-VNA … [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 one-time blood collectionkits which can be exported to South Asia, Europe and the US. The project is expected to come into operation in the second quarter of 2015. It is the second project of Terumo Corporation in Viet Nam after the first one in Ha Noi, worth US$19.5 million. The Long Duc Industrial Park has attracted investment from a number of Japanese investors, specially the investment of US$441 million from Lixil Corporation. … [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 1.2 million of automated one-time blood collectionkits which can be exported to South Asia, Europe and the US. The project is expected to come into operation in the second quarter of 2015. It is the second project of Terumo Corporation in Viet Nam after the first one in Ha Noi, worth US$19.5 million. The Long Duc Industrial Park has attracted investment from a number of Japanese investors, specially the investment of US$441 million from Lixil Corporation. By Thuy Dung … [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 Dong Nai Provincial Industrial Zones Management Authority (DIZA) in April 2012. Lixil's plant would produce aluminum and plastic products including sashes, doors and exterior for residential and commercial buildings. This will become the fifth plant of Lixil in Vietnam. The four remaining plants are located in southern Binh Duong and Ba Ria-Vung Tau provinces, Hanoi and central Quang Nam province and have about 3,000 employees. Lixil at present has the largest share in the Vietnamese sanitary ware market, holding two brands of American Standard and INAX, according to Lixil. "In collaboration with Tostem Thai … [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 sashes, doors, windows and frames. It is the Lixil Corporation's largest project in Viet Nam and Japan's biggest project in Dong Nai Province. Kawamoto Yuichi, deputy general director of the Lixil Corporation, said Lixil aimed to expand into new business sectors in Viet Nam during the next 10 years. Morita Nguyen, business director of the Lixil Inax Viet Nam Co Ltd, said the corporation started business operations in Viet Nam 15 years ago and now has seven building material factories nation-wide. The factory in Dong Nai is expected to begin operations in 2013 to supply building materials for the domestic … [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, including sashes, doors, windows and frames. It is the Lixil Corporation's largest project in Viet Nam and Japan's biggest project in Dong Nai Province. Kawamoto Yuichi, deputy general director of the Lixil Corporation, said Lixil aimed to expand into new business sectors in Viet Nam during the next 10 years. Morita Nguyen, business director of the Lixil Inax Viet Nam Ltd Company, said the corporation started business operations in Viet Nam 15 years ago and now has seven building material factories nation-wide. The factory in Dong Nai is expected to begin operations in 2013 to supply building materials for the … [Read more...]

Dong Nai lures another large-scale project of Japan

Quoc Hung This will be the second project of Terumo in Vietnam after the factory worth US$19.5 million in Hanoi was put into service. The new plant in Dong Nai will cover 10 hectares. Set for operation in the second quarter of 2015, the factory will mainly produce blood bags (9 million units per year) and disposable automated blood sampling devices (1.2 million units per year). The targeted markets of the Japanese firm are Southeast Asia, Europe and the U.S. This has been the fourth foreign direct investment (FDI) project in Long Duc Industrial Park since it got off the ground six months ago, and all of them are Japan-invested. In the year to date, many Japanese firms have come to industrial parks in Dong Nai to seek investment opportunities, said industrial park infrastructure developers. Nhon Trach 3 Industrial Park, for example, has welcomed 40 Japanese business delegations. Bo Ngoc Thu, director of the Dong Nai Department of Investment and Planning, said Japanese investment … [Read more...]

BUSINESS IN BRIEF 22/7

ITC spends VND600 billion to buy cranes International Transportation and Trading Joint Stock Co. (ITC) on Wednesday signed a contract worth some VND600 billion with Germany's Kocks Krane and Finland's Cargotec to buy cranes for ITC International Port located in HCMC's District 9. Under the contract, the foreign partners will supply 40-ton Ship To Shore (STS) cranes produced by Kocks Krane and Rubber Tire Gantry (RTG) cranes of the same capacity. According to ITC, these machines are of the 'green technology,' friendly to the environment and totally run on electricity instead of DO oil. Besides, they can generate electricity and reduce the energy consumption by over 30%, creating the competitive advantage for the port with low costs. In the plan's first phase, ITC will buy four STS cranes and eight RTG ones with half of these products handed over in next year's first quarter to ensure the operating schedule of the port. Having an investment of over US$180 million, the port started … [Read more...]

Lixil to start works on US$450-million factory soon

"Construction works on the factory will kick off late this year and it is set for completion within the next three to five years," said Morita Nguyen, sales director of Inax Corporation in Vietnam, one of Lixil's owners. Lixil Corporation is a consortium of five Japanese companies including Inax Corporation, Tostem Corporation, Shin Nikkei Co., Ltd, Toyo Exterior Co., Ltd and Sunwave Corporation. Lixil has been given the green light by Dong Nai Province authorities to develop a 55-hectare factory which produces building materials, housing equipment and interior furnishing materials. It is situated in Long Thanh District's Long Duc Industrial Zone. Morita stated Lixil is committed to constructing the facility on schedule given current tough economic conditions. "We believe in such huge potential markets in Asia, including Vietnam," he said. Dong Nai has been chosen as the venue for Lixil factory since the corporation surveyed the location across regional countries three years ago. … [Read more...]

Japanese join IP development

Joining hands with local partners Mizuho Bank and Chodai Corporation are working with the authority of Hiep Phuoc Industrial Park in Nha Be District on developing an IP to serve Japanese firms in HCMC. The project is still under negotiation, but it is said to follow the development orientation of the city. Earlier this year, the HCMC Exporting Processing and Industrial Zones Authority (Hepza) proposed a plan to establish an IP specializing in supporting industries with a priority to lure Japanese investors. With such an orientation, Hepza is seeking Japanese partners who are financially capable and experienced in industrial development to join the establishment of the aforesaid specialized IP. Meanwhile, in the north, N&G Group and Shimizu Corp. have recently signed an agreement on building the first supporting industries park in Hanoi at a total cost of nearly US$1 billion. Under the agreement, Shimizu will join N&G to develop the Southern Hanoi Supporting Industries … [Read more...]

Japan group builds materials plant

DONG NAI — LIXIL Corporation, a global leader in housing equipment and building materials, was licensed earlier this week by the southern province of Dong Nai to build a US$410 million plant. Based at the Long Duc Industrial Zone, the factory aims to produce construction materials, office and housing equipment, and interior decoration items. The plant will be constructed this autumn. LIXIL Corp's productivity is expected to rise by 10 per cent because the plant expects to export its products to Japan and other Asia-Pacific countries.-VNS … [Read more...]

Japanese group builds US$410 mln factory in Dong Nai

LIXIL Corporation, a global leader in housing equipment and building materials, on April 10 was licensed to build a US$410 million factory in the southern province of Dong Nai. Japanese food group enters Vietnamese market The factory aims to produce building materials, office and housing equipment, and interior decoration items. The project is expected to raise LIXIL Corp's productivity by 10 percent. Its products will be exported to Japan initially, and then to countries throughout the Asia-Pacific region. Dinh Quoc Thai, Chairman of the Dong Nai provincial People's Committee, said the project will help develop the province's industry and increase investment potential between Vietnamese and Japanese businesses. LIXIL Corp now possesses many famous trade names in the field of construction, such as INAX, Tostem, Sun Wave, TOEX and Shin-Nikkei. … [Read more...]

Japanese organisations bring safe water to Hoa Binh local people

Seed To Table (STT), a non-profit organisation in collaboration with LIXIL Corporation, both from Japan, has conducted a public campaign to bring safe water to people in Phu Vinh commune, Tan Lac district, in the northern mountainous province of Hoa Binh. The campaign aims to raise public awareness of the need to protect water resources and use simple water filters. LIXIL, which specialises in building materials and housing equipment, will coordinate with STT to help pupils learn about the environment and local natural resources. According to Chiemi Kumazaki, LIXIL Group Representative, people can use homemade sand, gravel and coal filters to treat water and reduce bacteria. VOVOnline/VNA … [Read more...]

Japanese organisation brings safe water

Seed To Table (STT), a non-profit organisation in collaboration with LIXIL Corporation, both of Japan, has conducted a public campaign to bring safe water to people in Phu Vinh commune, Tan Lac district, in the northern mountainous province of Hoa Binh. (photo for illustration only. Source: baovequyentreem) The campaign aims to help to raise awareness of protection of water resources and how to make simple water filters to ensure safe water for daily needs. LIXIL, which specialises in building materials and housing equipment, will coordinate with STT to help pupils learn about the environment and to gain insights into local natural resources. According to Chiemi Kumazaki, LIXIL Group Representative, people can use homemade sand, gravel and coal filters to treat water and reduce bacteria. Source: VNA … [Read more...]

Dong Nai province shifts to green growth

The southern province of Dong Nai has been implementing a green growth strategy in recent years, which prioritises investment in environmentally-friendly industrial parks, a local official claims. Chairman of the provincial People’s Committee, Dinh Quoc Thai, confirmed that despite a focus on industrial advancement, the province places a high premium on environmental protection. Local authorities have declined a number of foreign direct investment (FDI) projects which are technologically backward and environmentally polluted, said Director of the provincial Department of Planning and Investment Bo Ngoc Thu. Dong Nai gives priority to investment in support industry, information technology, hi-tech agriculture, and the farm produce processing industry, which are supported by clean production technology. Simultaneously, the province has decided to halt investment in producing paper or wood-pulp from crude material, processing cassava starch, rubber latex, leather and … [Read more...]

Dong Nai inks cooperative agreement with Japanese region

Southern Dong Nai province and the Bureau of Economy, Trade and Industry of Japan’s Kansai region on May 20 signed an economic cooperation framework agreement, with a focus on links in support industry. Under the document, the two sides agreed to create favourable conditions for Kansai enterprises operating in support industry to invest in Dong Nai, while working together in training human resources for the sector. Dong Nai will improve the work of its Kansai Desk to assist investors from the Japanese region in operating or seeking opportunities in the province. Speaking at the signing ceremony, Director of the Bureau Seki Soichiro said that an increasing number of Japanese firms decided to invest into Dong Nai due to the locality’s favourable investment environment. He noted that the Long Duc Industrial Park (IP) in Long Thanh district is being developed into a model IP for the partnership between Dong Nai and Kansai region. The IP is currently home to 18 Japanese … [Read more...]

Japanese-invested tool manufacturer operational in Dong Nai

The Japanese-invested Tone Vietnam Co. Ltd commenced operations and inaugurated a factory producing handheld tools at the Nhon Trach 3 Industrial Park in Nhon Trach district, southern Dong Nai province on April 22. The company, with more than 5 million USD in investments, is an affiliate of Japan’s Tone Co. Ltd with 80 years of experience in portable tool manufacturing. It leased 2 hectares of land at the industrial park in 2010 to build its facilities. Speaking at the inauguration ceremony, Chairman of the Dong Nai People’s Committee Dinh Quoc Thai stressed that his province has offered favourable policies for Japanese investment over the past years, given the financial strength, cutting-edge technology and responsible staff of Japanese firms. He said Dong Nai has attracted 925 million USD in foreign direct investment (FDI) since the beginning of 2015, 25 million USD higher than this year’s target. It currently houses about 1,230 active FDI projects worth … [Read more...]

Japanese-invested tool manufacturer in Dong Nai becomes operational

A corner of Nhon Trach 3 Industrial Park in the southern Dong Nai Province. — Photo t-wisdom.vn HA NOI (Biz Hub) — The Japanese-invested Tone Vietnam Co. Ltd. commenced operations and inaugurated a factory producing handheld tools in the Nhon Trach 3 Industrial Park of Nhon Trach district on April 22. The company, located in the southern Dong Nai Province, has more than US$5 million in investments, and is an affiliate of Japan's Tone Co. Ltd., which has eight decades of experience in portable tool manufacturing. It had leased 2 hectares of land at the industrial park in 2010 to build its facilities. Speaking at the inauguration ceremony, the Chairman of the Dong Nai People's Committee, Dinh Quoc Thai, stressed that his province had offered favourable policies for Japanese investment over the past years, given the financial strength, cutting-edge technology and responsible staff of Japanese firms. He said Dong Nai had attracted $925 million in foreign direct investment … [Read more...]

Dong Nai enterprises ready for integration challenges

Production at a garment factory in Dong Nai. (Illustrative image. Photo: VNA) Enterprises in southern Dong Nai province are preparing for intensive international integration as the ASEAN Community forms this year. Once the common community is established, most tariff and non-tariff barriers will be eliminated, opening opportunities for production and business development as well as facilitating the circulation of goods among the ASEAN member states. However, the increased opportunities are coupled with increased competition in product price and quality, said Chairman of the provincial People’s Committee Dinh Quoc Thai. Dong Nai is now home to around 20,000 enterprises. To anticipate opportunities and surmount challenges posed by the integration process, many have actively invested in expanding production scales and applied new technologies in business and production management. The Vietnamese-French cattle feed JSC Proconco recently invested 200 billion USD (9.4 million … [Read more...]

Social News 23/1

US Embassy announces student exchange openings The US Department of State has announced that it is now accepting applications for its Global Undergraduate Exchange Program (UGRAD) for emerging student leaders from Vietnam. The programme offers study at a U.S. college or university for eight Vietnamese students in which the participants will engage in one semester of undergraduate, non-degree study at an accredited two- or four-year institution. Participants will engage in local community service projects and take part in cultural enrichment activities. The host institutions will also provide participants with academic skill development classes. In addition, participants who do not meet the host institution language requirements will be eligible for two to four weeks of intensive English language instruction in the United States prior to the start of the academic portion of their programme. The programme is managed and funded by the Bureau of Educational and Cultural Affairs … [Read more...]