Chinese firm expands investment in Dong Nai

Center Power Tech Vietnam, a subsidiary of China’s Vision Group, on April 11 put into operation the third phase of its factory at Nhon Trach 2 Industrial Park in Dong nai province.
Chinese firm expands investment in Dong Nai ảnh 1Vision Group's worldwide network (Source :vision-tech.vn)

Dong Nai (VNA) – Center Power Tech Vietnam, a subsidiary of China’s Vision Group, on April 11 put into operation the third phase of its factory at Nhon Trach 2 Industrial Park in Nhon Trach district,the southern province of Dong Nai.

Speaking at the inaugural ceremony, Chairman of the provincial People’s Committee Dinh Quoc Thai praised the effective operation of the group and hoped the firm will invest more in advanced technologies and equipment to produce hi-quality and environmentally-friendly products in the future.

Vision Group, which specialises in battery and accumulator manufacturing, has been investing in over 100 countries worldwide. Its subsidiary, Center Power Tech Vietnam, was granted an investment licence in the province in 2007 and has an investment capital of 60 million USD.

The company manufactures 16 million battery and accumulator products every year . It also makes equipment for producing one million other products. 

Currently, China has 56 investment projects in Dong Nai with a total registered investment of 860 million USD. The country is ranked fourth in project volume and sixth in term of investment capital among over 40 countries and territories investing in the locality.-VNA

VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.