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, Dong Nai province.
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, Dong Nai province.
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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.
(Source:VNA)
