YBP – Over the years, many investors have chosen Yen Bai as a stop-over; Among them, there are many big investors in the garment sector from Korea.
The Garment Factory, invested by Korean DeaSung Global company, in Thinh Hung industrial cluster, Yen Binh district has been put into operation
With the policy "red carpet" to attract investors, over the years many investors have chosen Yen Bai as a stop-over. Among them, there are many big investors in the field of garment from Korea invested in Yen Bai to do business effectively, contributing significantly to the provincial budget, creating jobs and stable income for thousands of workers.
With the advantages of land, abundant human resources, in recent years, Yen Bai province has many mechanisms and policies to attract investment, especially in the industrial garment field. A series of large-scale industrial sewing factories have invested in Yen Bai province, which are operating effectively, such as DaeSung Global Co., - a Korean company operating in the field of exported garment, selected Thinh Hung industrial cluster in Yen Binh district as an investment location. With a total capital investment of $ 3 million, the factory specializes in manufacturing and processing products such as trousers, jackets, jumpsuits ... with the capacity of 1.5 million products per year. Thanks to its efficient operation, the company has created jobs for thousands of employees with an average income of 3.5 million VND/person /month. Currently, the company continues to coordinate with local authorities to recruit labors to expand production.
Workers at Export Garment Factory in Co Phuc Townlet (Tran Yen) invested by Vina KNF Korea International Co., Ltd.
Another investor in the garment sector from Korea chosing Yen Bai as the investment destination is Vina KNF Korea International Co., Ltd. The factory was started construction in Co Phuc Town, Tran Yen district in January 2015 with a total capital investment of 180 billion VND. The main product of the factory is veston exported to European and American markets and other knitted and crocheted apparel with the capacity of over 16 million products/year. The factory went into operation in early February 2016. After stable operation, the factory has attracted over 2,500 employees. In the process of construction investment, the factory has enjoyed the policy of attracting investment and the attention and co-operation of all levels of government throughout the project implementation.
The presence of Korean investors in the garment sector in Yen Bai Province has created a new "driving force" for the province's light industrial development. In addition to asserting its position and brand, garment enterprises are creating tens of thousands of jobs for local workers.
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By Nguyen Hien