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Nec Tokin Electronics (Vietnam) launches its second factory

In the morning of April 14 2006, at Loteco industrial park, NEC TOKIN Electronics (Vietnam) Co., Ltd., (Japanese invested enterprise) held an official opening ceremony to put into operation its second factory after 10 years doing business in Vietnam. The ceremony had the participation of Mr. Dinh Quoc Thani, Vice Chairman of the Provincial People’s Committee.

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The second factory, which is the result of its expand on investment capital from 5.2 to 20 million USD, has a total area of 11,000 square meters. The new factory will recruit about 1,000 employees and its output will increase from 14.7 million products per year to 20 million products per years.

Nec Tokin Vietnam specializes in manufacturing and assembling high tech electronic components such as anti-magnetized spare parts, transformers, current-alternation machines, optic fiber connectors …etc. This is one of encouraged industries in Dong Nai province. Its products have been exported to Japan, EU and U.S. With the operation of its second factory, its export revenue is estimated to reach 5 million USD a month.

(Translated by THKC)

Author: admin

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