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RoK’s enterprise to build an aluminum mould factory in Bac Giang

Updated: 16:59, 13/03/2019
(BGO) - The Industrial Zones Authority of Bac Giang province granted investment registration certificate to SEOJIN SYSTEM CO., LTD from the Republic of Korea to build Seojin Vietnam Factory. 

This factory will manufacture and process aluminium moulds and shells, receiver and generator accessories, metal frames and coating, LED, bumpers, automobile frames, accessories and other components at the scale of about 300 million products per year.

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Aluminum Die Casting at SeoJin System (Republic of Korean). Illustrative image.

The project values at some 2.3 trillion VND (99.1 million USD) and scheduled to come into operation in 2022, which will contribute to creating jobs and incomes for thousands of labourers.

Bac Ninh province attracts more investment right on first days
Bac Ninh province, about 60km north of Hanoi, handed over investment licenses and signed land-use contracts with many domestic and foreign investors right on the first days of 2019, according to local authorities.
 
Vietnam remains attractive for investment in 2019: insider
Vietnam will remain an attractive investment destination in 2019, though impacts of the US-China trade tension that triggered a downturn in global stock markets in 2018 will not end soon, said Managing Director and Chief Investment Officer of VinaCapital Andy Ho.
 
Vietnamese Australian seeks for investment opportunities in Bac Giang
(BGO)- Recently, at the provincial Department of Foreign Affairs (DOFA), leaders of Bac Giang DOFA and Business Association had a meeting with some Vietnamese Australians seeking for investment opportunities and business partnership in the northern province of Bac Giang. The meeting was attended by Nguyen Hoang Trung, DOFA’s Director and Nguyen Duc Kha, Permanent Vice Chairman of Bac Giang Business Association.
 
Investment in Vietnamese startups triples in 2018
Investment in Vietnamese startups rose to $889 million in 2018, three times that of 2017.
 
Further improving business and investment environment
(BGO) – Nguyen Van Linh,  Chairman of Bac Giang provincial People’s Committee (PPC) cum Head of the Steering Board for supporting and investing in enterprises in Bac Giang province (Steering Board) on January 15 chaired a meeting to review the status of local investment support and business development in 2018 as well as execute the tasks and solution in 2019.  
 

Hong Nguyen

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