Paramount Bed Vietnam Co., Ltd officially put its factory in southern Dong Nai province into operation on August 21.

As a subsidiary of Japan’s Paramount Bed Group, a major manufacturer and distributor of hospital and nursing care supplies, Paramount Bed Vietnam is running on an area of 3ha at Long Duc industrial park.

According to the firm’s representatives, their plant, built at a cost of over 7 million USD, will provide about 350 tonnes of hospital equipment like beds, trolleys, cabinets and dining tables for patients among others a year.

All these products will be exported to Japan.

This is Paramount Group’s third plant of its kind in Asia. Earlier, the group has set up its plants in Indonesia and China to churn out similar products.

Dong Nai has hosted over 170 Japanese enterprises which have so far poured in a total capital of over 3.1 billion USD.

So far this year, the province has attracted over 920 million USD of foreign direct investment (FDI) capital.

Local authorities have asserted that the province will create all possible conditions for Paramount Bed Vietnam to effectively operate in the coming time.-VNA