German company ZF opens first plant in Vietnam
Monday, November 11,2019
AsemconnectVietnam - Germany’s ZF Friedrichshafen, a global technology company, inaugurated its first plant producing chassis modules for cars in Hai Phong city on November 8.
Located in the 70-ha Supplier Park of VinFast Manufacturing Automobile and E-scooter Plant on Cat Hai island, the plant produces chassis modules just-in-time for a local automotive manufacturer.
ZF has invested more than 25 million EUR in the site.
The Vietnamese car industry is one of the fastest growing in Southeast Asia, according to ZF. With its Hai Phong site, ZF takes its first step into this market, following the demand of VinFast, founded in 2017 as the first Vietnamese automotive manufacturer.
ZF is a global technology company and supplies systems for passenger cars, commercial vehicles and industrial technology.
Century Synthetic Fiber Coporation (STK) successfully approached USD52.5 million in syndicated loans
Hoa Sen AGM for the year 2022-2023 (HSG): HSG will be profitable in March, April and May 2023
Fitch Ratings first international credit rating with GAS at “BB”
PVCoating (PVB) executes a pipe wrapping contract for Vietsovpetro
Hoang Anh Gia Lai (HAG) earns VND108 billion profit in February 2023
Nam A Bank (NAB) expects VND2,400 billion dong pre-tax profit, 25% dividend
475,000 tons of Hoa Phat steel (HPG) were consumed in February
Duc Giang Chemical (DGC): Profit expected to decrease by 50.3% to VND3,000 billion in 2023
Thien Long Group (TLG): Profit down 77% in January 2023
Sao Ta Foods (FMC): Sales increased by 18.6% to USD13.4 million in February 2022
Petrosetco (PET) estimated at VND2 billion profits in January 2023, down 93.9%
PNJ: Net sales in January 2023 increased by 18.8% yoy
Masan MeatLife (MML) approved to pour another VND740 billion into MeatDeli HN
Ben Tre Seafood (ABT) pays 20% cash dividend
Plan on implementing Decision No. 327/QD-TTG dated March ...
Concretize viewpoints, objectives, tasks and solutions of the plan in accordance with practical conditions of the locality, associating ...Plan on implementing national environmental protection ...
Implementation plan of marine aquaculture development ...
Program on conservation and development of Vietnamese ...
Plan on improving quality of human resources to 2025 and ...
Efforts taken to turn culinary culture into national ...
The Vietnam Cuisine Culture Association (VCCA) is taking steps to implement a project to build and develop Vietnamese culinary culture ...Vietnamese cuisine making a name for itself with ...
Vietnam advance to next round of AFC U20 Women’s Asian Cup
Cultural tourism and traditional values promoted through ...
