Making news

Japan’s Oji Group opens fifth factory in Vietnam

Japan’s Oji Group on October 2 inaugurated a packaging paper factory at the Dong Van III industrial park in Duy Tien district, the northern province of Ha Nam.

Covering more than 60,000 sq.m, Ojitex Ha Nam, which is the fifth plant of the Japanese group in Vietnam, was built at a total cost of 35 million USD.

Speaking at the inauguration ceremony, Japanese Ambassador to Vietnam Kunio Umeda, said Oji Group has operated in Vietnam for 20 years. Its opening of five factories in Vietnam has demonstrated the group’s strength as well as the favourable business environment in the host country.

Japan is running 90 projects in Ha Nam, he said, adding that Japanese firms have highly appreciated the local investment environment and more businesses plan to operate in the province in the time ahead.

The ambassador called on Ha Nam to further facilitate the operation of Japanese firms in the locality.

According to Nguyen Noi, deputy head of the Foreign Investment Department under the Ministry of Planning and Investment, Japan ranks second among 132 countries and territories investing in Vietnam.

Ha Nam and other Vietnamese localities wish to welcome Japanese investors, he said, pledging to help Oji Group implement its projects in Vietnam and Ha Nam in particular.