Shiseido Vietnam began construction work on a second major cosmetics plant in the southern province of Dong Nai on September 10.
The Japanese company is providing a total investment capital of over 30 million USD, which will partly be pumped into upgrading equipment in order to facilitate production and export expansion, particularly to Europe.
The new plant is scheduled to become operational in 2015 with 350 workers with a production capacity triple that of the first plant.
A representative from the Dong Nai Provincial Industrial Zone management board said Shiseido Vietnam ’s expansion will encourage more Japanese businesses to invest in the province while the subsequent job generation will assist the local industrialisation and modernisation process.
In 2008, the company spent nearly 50 million USD on its first Dong Nai plant. It sells more than 22,000 products, exports to 11 Asian countries, and employs over 400 staff every year.-VNA
The Japanese company is providing a total investment capital of over 30 million USD, which will partly be pumped into upgrading equipment in order to facilitate production and export expansion, particularly to Europe.
The new plant is scheduled to become operational in 2015 with 350 workers with a production capacity triple that of the first plant.
A representative from the Dong Nai Provincial Industrial Zone management board said Shiseido Vietnam ’s expansion will encourage more Japanese businesses to invest in the province while the subsequent job generation will assist the local industrialisation and modernisation process.
In 2008, the company spent nearly 50 million USD on its first Dong Nai plant. It sells more than 22,000 products, exports to 11 Asian countries, and employs over 400 staff every year.-VNA
