Recently, Mr. Tran Duy Dong, Chairman of the Vinh Phuc Provincial People's Committee, held a working meeting with Mr. Yoo Jin-Han, Chief Financial Officer of SKC cum CEO of ISC Company under SK Group (South Korea), to discuss opportunities for investment expansion in Vinh Phuc province.
Chairman of the Vinh Phuc Provincial People's Committee Tran Duy Dong at a meeting with SK Group’s delegation
At the meeting, Chairman Tran Duy Dong highly appreciated the role of South Korean investors in the province's socioeconomic development. South Korean investors currently account for more than 40% of total investment capital and over 30% of FDI projects in Vinh Phuc. At the same time, SK Group's investment expansions are very consistent with the province's investment attraction approach.
Mr. Yoo Jin-Han said that SK Group is currently planning to shift from indirect investment to direct investment in the areas of mutual interest to South Korea and Vietnam. He also expressed his hope that the Vinh Phuc government will continue to support and facilitate businesses to expand their production scale in the province, especially in human resources, helping to make the ISC Vina Factory in Vinh Phuc an important production base of SK Group in Vietnam.
Regarding proposals concerning personnel difficulties put forth by the group, he said the province plans to provide high-quality human resources and affordable accommodations for workers to meet investors' requirements.
Mr. Bui Hong Do, Director of the Vinh Phuc Investment Promotion and Business Support Center, pledged to coordinate with relevant agencies to support and facilitate SK Group's investment projects in the province.
ISC Company, a world-leading manufacturer of semiconductor test sockets, is currently investing more than US$12.3 million in a 2-ha ISC Vina Factory in Ba Thien 2 Industrial Park (Binh Xuyen district).
The factory will manufacture five main products: Plastic and synthetic rubber in primary form, metal products, electronic components, mechanical processing and metal coating, and plastic and aluminum molds for the semiconductor industry.
The project employs more than 900 workers. In 2024, the factory's export revenue reached nearly US$29 million and paid more than US$340,000 to the State budget.
By Huong Hau, Vietnam Business Forum
Vietnamese
