CATEGORIES

© Copyright 2004; Hanoitimes - Economic and Urban Newspaper;

The tribune of Hanoi People’s Committee

Publication Permit: 29/GP-CBC

Editor - in - Chief: Nguyen Thanh Loi

Managing Editor: Ta Thu Giang

Email : thugiang@hanoitimes.vn

Head Office: 21 Huynh Thuc Khang Street, Dong Da District, Hanoi

Branch Office: 221 Tran Phu Street, Ha Dong District, Hanoi

WORDS ON THE STREET 70th anniversary of Hanoi's Liberation Day Vietnam - Asia 2023 Smart City Summit Hanoi celebrates 15 years of administrative boundary adjustment 12th Vietnam-France decentrialized cooperation conference 31st Sea Games - Vietnam 2021 Covid-19 Pandemic
Home / Investment / News
Mobile phone plant invested in Hoa Binh
By Tuan Minh 13:53, 2014/02/22
The northern mountain province of Hoa Binh on February 20 granted an investment license to HNT Electronics of the Republic of Korea (RoK) to manufacture built-in cameras for mobile phones.

The wholly foreign invested project will be built at Luong Son industrial park (IP) at a total cost of US$20 million.

The plant is scheduled to be operational in November 2014 to produce 120 million products a year. It expects to generate 600 jobs and contribute VND11 billion annually to the provincial budget.

At the license hand-over ceremony, provincial authorities asked relevant agencies to create optimum conditions for the investor to carry out the project efficiently.

They also asked the investor to speed up project construction, abide by Vietnamese law, and harmonise the interests between the investor, locality and workers.   

Hoa Binh, a gateway to capital Hanoi, plans to receive four other investors in Luong Son IP. 

Comments
Other news
10:34, 2025/03/01
PM encourages Chinese major corporations to expand investment in Vietnam
Chinese enterprises see "Vietnam as an attractive global investment destination and a crucial link in the global supply chain."
12:17, 2025/02/25
Vietnam eyes top 3 in investment environment in ASEAN next 2 years: Party Chief
A key objective is to trim off at least 30% of administrative procedures and cut both business costs and unofficial fees.
18:03, 2025/02/22
Vietnam attracts South Korean tech investment at SEMICON Korea 2025
The event provided a platform for Vietnam to showcase its semiconductor potential and reaffirm its commitment to developing high-tech industries and strengthening international cooperation.
16:46, 2025/02/20
Swedish group plans US$1 billion investment in Binh Dinh recycling plant
By creating a large number of jobs and promoting a green economy, the initiative is important in establishing Vietnam as a global hub for the circular textile sector.
10:52, 2025/02/13
Samsung plans to invest in AI, semiconductors in Vietnam
Vietnam will continue improving its investment environment and driving strategic breakthroughs in order to usher in a new era of economic development.
17:20, 2025/02/07
Vietnam's data center construction costs among the lowest in Asia Pacific
The country has a lot of potential to become one of the most important data markets in the region.