The Japanese-funded Honda Vietnam inaugurated its third motorcyclefactory in northern Ha Nam province on November 10, which is expected tobecome one of the most technologically advanced in the field in theworld.
Covering over 270,000 square meters at DongVan II industrial park, the 120-million-USD factory will comprise sevenworkshops capable of producing 500,000 units per year.
The plant’s entire production procedure fully meets the global andVietnamese highest environmental standards to create high-quality andenvironmentally friendly products.
Honda Vietnamstarted to produce motorcycle spare parts in this plant in March 2014,with 1,450 units a day. In the first phase, the plant is able tomanufacture 1,000 motorcycles, mainly scooters, per day.
The plant employs nearly 1,300 local work-hands and generates indirect jobs for thousands more.
At the inaugural ceremony, Deputy Prime Minister Hoang Trung Hai saidHonda’s construction of its third plant after 17 years of operation inVietnam vividly manifests the investment efficiency of Japanesebusinesses in the host country.
He noted thatJapan now tops 101 nations and territories pouring direct investmentinto Vietnam , with 2,410 projects totalling 36.3 billion USD invalue.
Vietnam and Japan established bilateral strategic partnership for peace and prosperity in Asia in March this year.
The Southeast Asian nation is offering brilliant investmentopportunities for foreign investors, including those from Japan ,especially in the field of infrastructure building under thepublic-private partnership (PPP) form such as transport, electricity,and water supply.
The Deputy Prime Minister said hehopes as a leading business in Japan and the world, Honda willcontinue to bridge Japanese and Vietnamese business links and help drivethe two countries’ economy.
Ha Nam , a dynamicprovince in attracting foreign investment, will work harder to persuademore Japanese businesses to invest in the locality, Hai said.-VNA
Covering over 270,000 square meters at DongVan II industrial park, the 120-million-USD factory will comprise sevenworkshops capable of producing 500,000 units per year.
The plant’s entire production procedure fully meets the global andVietnamese highest environmental standards to create high-quality andenvironmentally friendly products.
Honda Vietnamstarted to produce motorcycle spare parts in this plant in March 2014,with 1,450 units a day. In the first phase, the plant is able tomanufacture 1,000 motorcycles, mainly scooters, per day.
The plant employs nearly 1,300 local work-hands and generates indirect jobs for thousands more.
At the inaugural ceremony, Deputy Prime Minister Hoang Trung Hai saidHonda’s construction of its third plant after 17 years of operation inVietnam vividly manifests the investment efficiency of Japanesebusinesses in the host country.
He noted thatJapan now tops 101 nations and territories pouring direct investmentinto Vietnam , with 2,410 projects totalling 36.3 billion USD invalue.
Vietnam and Japan established bilateral strategic partnership for peace and prosperity in Asia in March this year.
The Southeast Asian nation is offering brilliant investmentopportunities for foreign investors, including those from Japan ,especially in the field of infrastructure building under thepublic-private partnership (PPP) form such as transport, electricity,and water supply.
The Deputy Prime Minister said hehopes as a leading business in Japan and the world, Honda willcontinue to bridge Japanese and Vietnamese business links and help drivethe two countries’ economy.
Ha Nam , a dynamicprovince in attracting foreign investment, will work harder to persuademore Japanese businesses to invest in the locality, Hai said.-VNA
