Germany's Harting opens new production plant in Hai Duong

The $5-million, 2,500 square-metre factory will specialise in manufacturing industrial cable of large-scale connectors for data transmission.

Philip Harting, CEO, Harting Technology Group, said, "With our newly acquired site in Vietnam, we are creating an important building block in the growth region of Southeast Asia. In Hai Duong, we are close to our customers and producing directly on site. We are reducing the delivery routes to a minimum and will record significant CO2 savings. Together with the management team, we have already set the course for further expansion."

"It is important to us that we also ensure our high-quality standards here in Vietnam," said Andreas Conrad, member of the board of Harting. "With our globally standardised processes and production facilities, we guarantee our customers the quality they are accustomed to. Whether in Germany, Romania, Mexico or now also in Vietnam - our customers can rely on Harting being at hand worldwide"

Harting currently has 44 national subsidiaries and 14 production plants around the world.

STADA and its Vietnamese affiliate Pymepharco have announced the establishment of its new head office in Ho Chi Minh City, paving the way for further expansion in Vietnam's healthcare market.

German thin film technology company Kurz celebrated the inauguration of its advanced foil and thin film manufacturing facility at the Becamex VSIP Binh Dinh Industrial Park on September 8. The facility's primary product will be the high-tech 'hot stamping foil'.

In recent years, Vietnam has emerged as a promising destination for foreign investment, drawing the attention of investors from all corners of the globe. Among these investors, Germany has made significant strides in establishing a strong and mutually beneficial economic partnership with the country.