Binh Duong Welcomed 1 Billion USD Project
Many foreign corporations have chosen Vietnam to become their investment destination to set up business in Vietnam and the most recent project coming from a Korean investor. This is the project to produce tire and automobile airbags of Kolon Industries Corporation (Korea). This “super plant” will be located at Bau Bang Industrial Zone of Binh Duong province. Mr Tran Thanh Liem – Chairman of Binh Duong Province has just signed a memorandum of understanding with leader of Kolon Industries Group (Korea) concerning the implementation of the plan…
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FDI Capital Pouring to Binh Duong Province
Binh Duong province of Vietnam has marked early success in attracting investment with large projects licensed in setting up business , mainly in manufacturing. On October 23rd, 2015 the Provincial People’s Committee of Binh Duong has just granted the investment certificate phase 3 of 2015 for 38 enterprises with foreign direct investment (FDI). Total capital reaches nearly 532 million USD, bringing the total FDI capital into this province in 10 months to 1.63 billion USD, increase by 40% compared to the same period in 2014. Also at the ceremo…
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