At the reception, Hyosung TNS’s General Manager informed that Hyosung is a big corporation with various fields of operation such as industrial materials, fibre, chemicals and information technology among others.

Chairman of the provincial People’s Committee Nguyen Van Linh (right) receives Hyun-Sik Sohn, General Manager of Hyosung TNS Company.

The Corporation has many customers in 30 countries worldwide. Hyosung TNS Company is a subsidiary of the Corporation and specialized at supplying financial and bank software with the key product of Automated Teller Machine.

In Vietnam, the Corporation invested in the production plant in Dong Nai province. Hyosung TNS Company has conducted survey at the surrounding localities of Hanoi city so as to select a suitable place for investment toward business expansion. It expected to invest in a production model with a scale of 15 hectares.

Chairman of the provincial People’s Committee Nguyen Van Linh (right) presents gift to Hyun-Sik Sohn, General Manager of Hyosung TNS Company.

However, Hyosung TNS Company paid special attention to luring the hi quality labor in the local area while Bac Giang provice is adjacent to Hanoi city where many universities are located. Hyun-Sik Sohn hoped that the province will facilitate in term of labor force.

On behalf of the provincial leaders, Chairman of the provincial People’s Committee Nguyen Van Linh expressed his delight to welcome General Manager Hyun-Sik Sohn and the delegates to visit and survey the investment in the province.

The provincial leaders pose for a photo with leader of Hyosung TNS Company.

Chairman Linh briefed the guests on the local potentials and strength on geographical location, natural condition as well as the general socio-economy situation. Also, the provincial leader informed that there are 240 RoK’s investors in Bac Giang including many big ones.

The province is home to 2 vocational training establishments and not far from Hanoi city, hence helping draw hi-quality labor easily. Bac Giang committed to creating all possible favourable condition to Hyosung TNS Company’s investment, production and business in the province.

Bac Giang works to lure foreign direct investment

Removing bottlenecks of businesses will be prioritised in the northern province of Bac Giang to lure more foreign direct investments (FDI) in the coming time.

Bac Giang draws 90 investment projects in 7 months

(BGO) – In July 2019, Bac Giang province attracted total investment of 113.8 million USD, making up the total invested capital of over 658.9 million USD since early this year (up 45 percent comparing to the same period last year).

Korean firms to expand investment in electricity in Vietnam

The Republic of Korea (RoK)’s Consulate General recently revealed the country’s businesses plan to invest more in Vietnam, especially in the manufacturing of electronic equipment and developing smart grid networks.

Vietnam pledges support for Singaporean investments

The Vietnamese Government is willing to listen to opinions from Singaporean businesses and wishes they would do long-term business in the country, Prime Minister Nguyen Xuan Phuc has said.

Tan Yen draws investment to timely support enterprises

(BGO) – Tan Yen district (Bac Giang province) has recently attracted 12 – 15 investors and projects on average that greatly contributes to the local economic growth. To gain that achievement, the district has applied many new methods and facilitated the investors. 

Hai Huyen