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|Panasonic Eco Solutions Vietnam Company Ltd workers at the opening ceremony of a new factory building at its existing plant in the southern province of Binh Duong. - VNS Photo|
A second factory building has been built to double production capacity by 2020, enhancing its responsiveness to the rapid increase in demand for the products in Viet Nam.
The existing plant produces around 53 million wiring devices and 13 million circuit breakers annually.
With further expansion in the works, the company plans to sell its products in other Southeast Asian countries as well.
Masaaki Kobayashi, general director of Panasonic Vietnam, said: “With our mission of making ‘A better life, A better world’ and contributing further to the development of Viet Nam, the inauguration of the factory expresses our commitment to developing high Japan-quality ‘made in Viet Nam, make for Viet Nam’ products.
“As a brand built upon 100 years of reliability, Panasonic will continue to expand in different fields, invest in R&D, develop leading technologies, solutions and products, enhance customer service as well as contribute to society through different educational and environmental projects in Viet Nam.”