Power Logics Vina factory inaugurated in Vinh Phuc

(VOV) -Power Logics Vina Co. Ltd, a wholly Korean invested company, held a ceremony recently to inaugurate its factory in the northern province of Vinh Phuc.

Covering 2.3ha in the Khai Quang Industrial zone, the factory provides protection circuit modules (PCMs), smart modules (SMs) and camera modules (CMs) to Samsung Mobile, with a monthly capacity of 4.8 million products. It has created 500 jobs for local people.

The province is encouraging the development of support industries to assist domestic and foreign businesses.

Vinh Phuc province is one of the leading localities across the country in attracting foreign direct investment (FDI) in the first six month of this year.

They granted investment licenses to 39 projects including 18 FDI projects totaling US$182.1 million.

Most projects were focused on support industries and highly competitive hi-tech products.

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