Home Economy

G7 Tech to build high-tech lighting equipment factory

Sep 28th at 13:08
28-09-2016 13:08:32+07:00

G7 Tech to build high-tech lighting equipment factory

Vietnamese G7 Technology Co. Ltd (G7 Tech) on September 27 received an investment certificate from Saigon High-tech Park's Board of Management for construction of an electronic circuit and high-tech lighting equipment factory.

The project has total investment of VND220 billion (US$9.8 million) and will begin construction in October 2016. The factory will be fully operational in the second quarter of 2018 with a production capacity of 210 products per year.

The factory will produce power-saving LED chips used in civil, public and fishery lighting. Additionally, it will be a pioneer in packaging mainstream LED chips.

G7 Tech has co-operated with many global semiconductor technology, energy and electronic equipment corporations, in addition to domestic universities to create modern energy saving technology and to develop automatic electronic equipment.

bizhub

MOST READ

NEWS SAME CATEGORY

VN economy records healthy growth against rising challenges
ECONOMY Sep 27th at 14:17

VN economy records healthy growth against rising challenges

Viet Nam's economy continues to perform well but is being hindered by a number of challenges, the Asian Development Bank (ADB) said in a flagship report released on...

Fruit, vegetable exports surpass rice shipments: Vietnam Customs
ECONOMY Sep 27th at 13:34

Fruit, vegetable exports surpass rice shipments: Vietnam Customs

Vietnam’s fruits and vegetables are slowly taking over other export products as the momentum for the country’s agricultural and rural development, customs...

Investors eye software park projects
ECONOMY Sep 27th at 13:24

Investors eye software park projects

Many investors are rushing to develop software park projects in Hanoi. Experts, warning about ‘software park inflation’, say that investors have ‘other purposes’...

Fate of Tan Tao project decided within a week
ECONOMY Sep 27th at 10:13

Fate of Tan Tao project decided within a week

The fate of the long-delayed Vina Universal Paradise Trade and Service Complex (Vina Universal Paradise), invested by Tan Tao Group subsidiary Vina Film Studio and...

Retail market attracts foreign investors
ECONOMY Sep 27th at 10:11

Retail market attracts foreign investors

Young population and increasing middle class have made Vietnam one of the most attractive emerging retail markets.

VN exporters seek help after Hanjin bankruptcy
ECONOMY Sep 27th at 10:04

VN exporters seek help after Hanjin bankruptcy

Local exporters, freight forwarding firms and seaports are calling for Government support to ease the effects of the bankruptcy filed by South Korea's Hanjin...

License granted for hi-tech local investor
ECONOMY Sep 27th at 09:37

License granted for hi-tech local investor

The central city has granted an investment licence to Da Nang Pharmaceutical joint-stock company (Danapha)'s first nano-technology and biotech project.

VN ranks second among ASEAN destinations for expats
ECONOMY Sep 27th at 09:27

VN ranks second among ASEAN destinations for expats

Viet Nam ranks second among six rated ASEAN countries and 19 globally in HSBC's 2016 Expat Explorer league table of 45 host countries.

S Korea biggest investor in VN
ECONOMY Sep 27th at 09:25

S Korea biggest investor in VN

South Korea retained its position as Việt Nam's leading source of foreign direct investment (FDI) in the first nine months of this year, the latest report from the...

Audit needs to respond more quickly to change, new report finds
ECONOMY Sep 27th at 09:24

Audit needs to respond more quickly to change, new report finds

 Investors prefer ‘binary' audit reports in which the auditor must either commit to a ‘clean' opinion or qualify the accounts, according to a report drawn up using...

Read More

MOST READ

Back To Top