(HBO)- After 5 years of investment in Hoa Binh (2014 - 2018), HNT Vina Co., Ltd in Luong Son industrial zone has created many strong marks in production and business activities, self- believing and raising the position in the business community.


Workers are comfortingly working at HNT Vina Co., Ltd because of the stable income, professional working environment and good remuneration.

HNT Vina Co., Ltd. is 100% Korean invested capital and belongs to CoAsia Group. Hoa Binh, the western gateway of Hanoi Capital, has great advantages in transportation. Hoa Binh has abundant human resources, reasonable labor costs, hardworking workers who are able to absorb technology.

In fact, after 5 years, HNT Vina has had a great development, thereby confirming an effective business strategy when deciding to invest in Hoa Binh. According to the assessment of the management board of the provincial Industrial Zones, HNT Vina factory is a typical foreign investment project which has been successfully implemented the comprehensive results in terms of the investment scale, the production value, the business annual revenue, the quality of human resources as well as the contribution to the local economic and social enterprises.

The project was granted an investment certificate on January 25, 2014 with a total registered investment capital of $20 million equivalent to 420 billion VND. By October 2014, the factory officially went into production. Since then, the company has continuously broken its own record. The revenue of the following year is always higher than that of the previous year and is constantly expanding the scale of production, becoming one of the most successful foreign enterprises operating in Hoa Binh province.

Right in the first year of implementing the project, HNT Vina has achieved turnover of 665 thousand USD. The human resources of about 700 people are professionally trained to have good labor efficiency. In 2015, HNT Vina gradually stabilized the system and personnel, strongly focusing on development of production and business activities. Within a few months after mass production, the entire production scale of the factory rose to 530 thousand products a month with the revenue of nearly 77 million USD in 2015.

In 2018 the human resources increased to nearly 2,000 people, the production scale reached a record of 10 million products a month with the annual turnover of 210 million USD. In particular, on September 13, 2018, HNT Vina officially became the first enterprise in Hoa Binh to be awarded a certificate of high-tech enterprise by the Ministry of Science and Technology.

Also in 2018, HNT Vina is one of 10 typical businesses to receive the certificates of merit from the Hoa Binh provincial People's Committee for their outstanding achievements in business investment activities in the province.

 

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