The deal will give a boost to Minh Nguyen company’s Phuoc Thanh Hi-tech Research, Application and Production Complex project for 2016-2017, under which the Korean partner will also send technicians to Vietnam to offer training in operating machines.
Built at a total cost of VND1.6 trillion (US$72.7 million), the complex is able to produce 20 million products per year once operational, mostly hi-quality technology products such as plastic and metal electronic components and moulds for the plastic industry, among others.
Woojin Plaimm currently has representative offices in 23 countries worldwide, including Vietnam, which it considered as a strategic market.
