Japan expands investment in Vietnam amid economic slowdown

While many local firms have scaled down or even closed amid the tough economic times, several Japanese firms have expanded investment in Vietnam, demonstrating their faith in the market. Japan's Tokyu Corporation has recently cooperated with Vietnamese industrial investment and development firm Becamex IDC to develop a US$1.2- billion project called Tokyu Binh Duong Garden City in the southern province of Binh Duong. In June, Nidec Seimitsu Vietnam Corporation, a subsidiary of the … [Read more...]

Sponsored links

Nidec licenced to open new factory at hi-tech park

le-bich-loan-deputy-head-shtp-management-authority-hands-investme-490809-100x100

Nidec Seimitsu Vietnam Corporation, a subsidiary of the Japan-based Nidec Corporation, on Monday received an investment certificate to develop a micro-motor factory at the Saigon Hi-Tech Park (SHTP) in Ho Chi Minh City. This is the fifth investment project of Nidec Corporation at SHTP, carried out under the commitment between the corporation and SHTP authority made in 2005. The Nidec Seimitsu Vietnam Corporation project worth a total of $40 million will develop, produce and trade micro … [Read more...]

Nidec licensed to open new factory at hi-tech park

cec7d_nidec_200.jpg

HCMC - Nidec Seimitsu Vietnam Corporation, a subsidiary of the Japan-based Nidec Corporation, on Monday received an investment certificate to develop a micro-motor factory at the Saigon Hi-Tech Park (SHTP) in HCMC. This is the fifth investment project of Nidec Corporation at SHTP, carried out under the commitment between the corporation and SHTP Authority made in 2005. Le Bich Loan (L), deputy head of SHTP Authority, hands over the investment certifi cate to Kazuto Hirasawa, vice chairman of … [Read more...]