RoK firm cooperates in developing support industry
Korean leading manufacturer Woojin Plaimm will supply machines and maintenance services to Minh Nguyen support industry company under their agreement signed in Ho Chi Minh City on March 2.
Plastics assembly chain (Source: VNA)The deal will give a boost to Minh Nguyen company’s Phuoc Thanh Hi-tech Research, Application and Production Complex project for 2016-2017, under which the Korean partner will also send technicians to Vietnam to offer training in operating machines.
Built at a total cost of 1.6 trillion VND (72.7 million USD), the complex is able to produce 20 million products per year once operational, mostly hi-quality technology products such as plastic and metal electronic components and moulds for the plastic industry, among others.
Woojin Plaimm currently has representative offices in 23 countries worldwide, including Vietnam, which it considered as a strategic market.-VNA
You should also see
Leaders pay tribute to President Ho Chi Minh on National Reunification Day
Leaders and former leaders of the Party, State, Government, National Assembly (NA), and Vietnam Fatherland Front (VFF) paid tribute to President Ho Chi Minh at his mausoleum in Hanoi on April 26 on the occasion of the 49th anniversary of the Liberation of the South and National Reunification Day (April 30, 1975-2024).
See more
Business
Dong Nai calls for Korean investment into green growth
The southern province Dong Nai introduced its investment projects and incentives to the Republic of Korea (RoK)’s firms at a workshop in Seoul on April 25.
Business
Vietnam ranks fifth among aquatic product suppliers for Singapore
Vietnam jumped one place to become the fifth largest exporter of aquatic products to Singapore for the first time in the first quarter of this year, according to its Trade Office in the city state.
Business
Forum seeks ways to boost exports amid external challenges
Experts gathered at a forum in Ho Chi Minh City on April 25 to seek ways to untangle knots in terms of capital and market for exporters in the context that the ongoing conflicts in many regions are disrupting international trade.
Business
Enterprises want clearer regulations on seafood production
It is necessary to develop more detailed and consistent regulations on seafood production for export in line with the implementation of solutions towards sustainable and responsible fishing practices, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Business
InfographicRice exports up 40% in Q1
According to the Ministry of Agriculture and Rural Development, Vietnam exported 2.07 million tonnes of rice in the first quarter of 2024, earning 1.37 billion USD in revenue. This represents a 12% increase in volume and 40% in value compared to the same period of 2022.
