Vietnam’s first aircraft engine parts factory, Hanwha Aero Engines, was inaugurated at the Hoa Lac High-tech Park in Hanoi, on December 6. The ceremony was attended by Politburo member and Permanent Deputy Prime Minister, Truong Hoa Binh; Politburo member, Secretary of Party Central Committee (PCC) and Head of PCC Economic Commission Nguyen Van Binh; Chairman of the National Assembly's Committee for Science, Technology and Environment Phan Xuan Dung; Minister of Science and Technology Chu Ngoc Anh; Minister of the Embassy of Republic of Korea (RoK) in Vietnam Lee Chul, and Chairman of Hanwha Group Kim Seung Yeon. The plant was invested in by Hanwha Aerospace Co, Ltd, from the RoK, with a total investment of US$ 200 million. Construction began on the factory on September 21, 2017 and it is expected to ship its first product in January, 2019. Speaking at the event, Politburo member Nguyen Van Binh expressed his hope that the Hanwha Aero Engines plant would become a representative … [Read more...] about Vietnam’s first aircraft engine parts factory inaugurated
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Hanwha aircraft engine parts factory inaugurated in Hanoi
Representatives open Hanwha Aero Engines factory (Photo: VNA) Hanoi (VNA) – The Hanwha Aero Engines Company Limited, a member of the Republic of Korea’s Hanwha Group, inaugurated an aviation engine parts plants in Hanoi’s Hoa Lac Hi-tech Park on December 6. The Hanwha Aero Engines factory project was granted an investment registration certificate by the Hoa Lac Hi-Tech Park Management Board with a total investment capital of 200 million USD. Construction started in September 2017 on a total area of nearly 97,000 sq.m. The plant is expected to launch its first products in January 2019. Speaking at the launching ceremony, head of the Party Central Committee’s Economic Commission Nguyen Van Binh said he hopes the Hanwha Aero Engines plant will become a role model for how to transfer technology from the Republic of Korea’s enterprises to Vietnam, thereby opening up access to key technologies and enhancing technological capacity for Vietnam. - … [Read more...] about Hanwha aircraft engine parts factory inaugurated in Hanoi
South Korean-invested aircraft engine parts factory inaugurated
A South Korea-invested aircraft engine parts factory has just been completed at Hanoi’s Hoa Lac Hi-tech Park. The inaugurating ceremony for Hanwha Aero Engine factory in Hoa Lac Hitech Park on December 6 The inaugurating ceremony for the USD200- million Hanwha Aero Engine factory on Thursday saw the participation of Deputy Prime Minister Truong Hoa Binh, Head of the Party Central Committee's Economic Commission Nguyen Van Binh, along with representatives from several agencies. The construction of the 97,000-square metre project was started in December last year and is scheduled to produce its first products in January 2019. More than 40 South Korean experts are present at the plant to provide training courses for around 200 Vietnamese technicians. At the event, Head of the Party Central Committee's Economic Commission Nguyen Van Binh said the plant would become a role model for how to transfer technology from South Korean businesses to Vietnam, thereby opening … [Read more...] about South Korean-invested aircraft engine parts factory inaugurated
Vietnam’s first aircraft engine parts factory put into operation
The Hanoitimes - By 2024, the factory would have around 900 employees with investment capital of US$370 million, which could be a symbol for technology transfer between South Korean and Vietnamese enterprises. Vietnam’s first aircraft engine parts factory under the investment of South Korea’s Hanwha Aerospace, an aerospace business arm of Hanwha Group, has been put into operation on December 6, according to the governmental portal. Illustrative photo. The Hanwha Aero Engines factory, which is located in the Hoa Lac Hi-tech Park on the outskirts of Hanoi, is scheduled to start full-scale production in January 2019. Hanwha is the only aircraft engine maker in South Korea and one of the world’s top 10 companies with the most advanced technologies in this field, said Kim Seung Yeon, Hanwha’s president, at a ceremony to mark the completion of the factory on December 6. Kim expected the Hanwha Aero Engines factory with cutting-edge … [Read more...] about Vietnam’s first aircraft engine parts factory put into operation
Việt Nam’s first aircraft engine parts factory launched
Viet Nam News HÀ NỘI — Hanwha Aero Engines Company Limited, a member of the Republic of Korea’s Hanwha Group, inaugurated the first of three planned aviation engine parts plants in Hà Nội’s Hòa Lạc Hi-tech Park on Thursday. The Hanwha Aero Engines factory project was granted an investment registration certificate by Hòa Lạc Hi-Tech Park Management Board with a total investment capital of US$200 million. Construction started on September 21, 2017 on a total area of nearly 97,000 sq.m. Speaking at the launching ceremony, head of the Party Central Committee’s Economic Commission Nguyễn Văn Bình said he hoped the Hanwha Aero Engines plant would become a role model for how to transfer technology from the Republic of Korea’s enterprises to Việt Nam, thereby opening up access to key technologies and enhancing technological capacity for Việt Nam. Minister of Science and … [Read more...] about Việt Nam’s first aircraft engine parts factory launched