Business

Japan’s Oji Group opens fifth factory in Vietnam

Japan’s Oji Group on October 2 inaugurated a packaging paper factory at the Dong Van III industrial park in Duy Tien district, the northern province of Ha Nam.
Japan’s Oji Group opens fifth factory in Vietnam ảnh 1Ojitex Ha Nam is inaugurated on October 2.
(Photo: VNA)

Ha Nam (VNA) – Japan’s Oji Group on October 2 inaugurated apackaging paper factory at the Dong Van III industrial park in Duy Tiendistrict, the northern province of Ha Nam.

Covering more than 60,000 sq.m, Ojitex Ha Nam, which is the fifth plant of theJapanese group in Vietnam, was built at a total cost of 35 million USD.

Speaking at the inauguration ceremony, Japanese Ambassador to Vietnam KunioUmeda, said Oji Group has operated in Vietnam for 20 years. Its opening of fivefactories in Vietnam has demonstrated the group’s strength as well as thefavourable business environment in the host country.

Japan is running 90 projects in Ha Nam, he said, adding that Japanese firms havehighly appreciated the local investment environment and more businesses plan tooperate in the province in the time ahead.

The ambassador called on Ha Nam to further facilitate the operation ofJapanese firms in the locality.

According to Nguyen Noi, deputy head of the Foreign Investment Department underthe Ministry of Planning and Investment, Japan ranks second among 132 countriesand territories investing in Vietnam.

Ha Nam and other Vietnamese localities wish to welcome Japanese investors, hesaid, pledging to help Oji Group implement its projects in Vietnam and Ha Namin particular./.
VNA
#Japan’s Oji Group#packaging paper factory#35 million USD#Dong Van III industrial park#Japanese Ambassador to Vietnam Kunio Umeda#investment environment#Vietnam News Agency#Vietnamplus
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