Vinh Phuc Welcomed Investment Project from Korea

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Recently, the Top Intercube Electronics Vina project of Korean investors has been granted investment certificate. This shows that Vietnam has a healthy investment environment that attracts Korean investors to come and set up business in Vietnam.

Top Intercube Electronics Vina project has a total registered investment capital of 15 million USD, deployed in Ba Thien II industrial park, Binh Xuyen district, Vinh Phuc province, specializing in manufacturing blackbox and navigation box on vehicles and means of transport. This is the third project in Vinh Phuc of this Korean investor.

Top Intercube Electronics Corporation is based in Chungcheongbuk province (Korea), which is twinned with Vinh Phuc province for many years. Chungcheongbuk currently has 4 investors investing in Vinh Phuc and has expanded the project several times in the province.

At the ceremony of granting the investment registration certificate, according to the head of the provincial management board of industrial parks, the Top Intercube Electronics Vina project was granted the investment certificate within 5 working days, showing the determination of Vinh Phuc province in the reform of administrative procedures, provide maximum support for investors.

Top Intercube Electronics Vina project is the 112th project of Korean investors in Vietnam, which is expected to come into operation in January 2019, creating jobs for nearly 400 employees with an average income of 250 USD per person per month, contribute to the State budget of about 7 billion VND/year.

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