Toshiba Opens Asia Pacific Office in HCMC
Japan’s Toshiba Group has just opened its Asia Pacific representative office in Ho Chi Minh City.
Toshiba Industrial Products Asia Co, established last December, will begin constructing a factory on 8 hectares of land in southern Dong Nai province’s Amata Industrial Park next month.
The US$77 million facility is expected to begin operation next year to produce high-efficiency industrial motors of less 100 horsepower, plus their parts, to meet the demand in Vietnam and other markets. (VNBusinessNews)