Business
Thai Amata Corp expands business operation in Vietnam
Thai Amata Corporation Plc has won a Vietnamese government licence to invest in a second industrial zone (IZ) in southern Dong Nai province.
Named Amata Express City, the 1,600-hectare IZ will be located near Long Thanh international airport, not far from Ho Chi Minh City. The first phase of the project is expected to be finished by 2015, with a high technology sector covering nearly 50 per cent of the site.
Somhatai Panichewa, chief business officer at Amata Corp, said this is a milestone in her business operation in Vietnam. “It’s in line with our strategy to expand the industrial sector, relocate business sites and meet the urgent demand for manufacturing expansion,” she added.
In 1994, Amata started with a project to build Bien Hoa IZ in Dong Nai province. Bien Hoa IZ is now home to 120 factories although its total area is less than half the size of Amata Express City.
Latest News
- Keangnam tower changes Hanoi office trends (May 15, 2012)
- Garment firms trying on locals for size (May 14, 2012)
- Gold devalues; black-market dollar rises (May 14, 2012)
- VietJetAir opens two new routes from Hanoi (May 14, 2012)
- Vinamilk’s chief listed among Asia’s best CEO’s (May 14, 2012)
- Banking restructuring is nothing to be feared (May 14, 2012)
- iPad 2012 on sales in Vietnam: official (May 14, 2012)
- Indian businesses keen on Vietnam’s investment environment (May 14, 2012)
- Vietinbank issues international bonds (May 13, 2012)
- Tra fish processing industry struggles to reach export goal (May 12, 2012)
More News
- Paying for lost time (Feb 22, 2012)
- Working on finance’s labour question (Feb 22, 2012)
- Vietnam's rice bowl under serious threat, says ADB advisor (Feb 22, 2012)
- Local electronics manufacturers switch focus (Feb 21, 2012)
- Finance ministry tames soaring milk prices (Feb 21, 2012)
- ACB, Eximbank raise gold depositing rate 0.5 pct (Feb 21, 2012)
- HCMC CPI rise 1.32 pct in Feb, 12-year 2nd lowest (Feb 21, 2012)
- Coffee prices increase sharply in February (Feb 21, 2012)
- Asian retailers eying up tasty Vietnam (Feb 21, 2012)
- Toyota Motor Vietnam recalls Camry, Altis, Vios (Feb 21, 2012)
Popular
Coal exports to fund Vinacomin: official
Nguyen Khac Tho, deputy head of the General Department of Energy, told Tuoi Tre that state-run coal giant Vinacomin has to export coal in order to obtain capital for operation, despite the fact that the country will have to begin importing coal in 2015.