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2019-10-10

Panasonic Life Solutions Vietnam Organizes Groundbreaking Ceremony for Second Factory in Vietnam

Vietnam is considered a key market for Panasonic. Therefore, Panasonic Corporation will be investing over 45 million US dollars in Panasonic Life Solutions Vietnam’s second factory. In line with the policy of attracting high quality Foreign Direct Investment (FDI) of Vietnam Government, PLSVN also establishes a Research and Development (R&D) division of indoor air quality solutions. This new factory will not only supply to the domestic market but also make Vietnam an exporter of high quality products to other Asian and Middle East markets.

The Groundbreaking Ceremony for Second Factory of Panasonic Life Solutions Vietnam

The Groundbreaking Ceremony for Second Factory of Panasonic Life Solutions Vietnam

 

<Overview of New Factory>

Location

No.33 VSIP Street 32, Vietnam Singapore Industrial Park II-A, Vinh Tan Commune, Tan Uyen District, Binh Duong Province, Vietnam

Investment Amount

Over USD45 million

Land Area

50,000m2

Total Floor Area

24,000m2

Production Items

Ceiling Fan and Ventilation Fan

Production Start  

January 2021

 

<Overview of Panasonic Life Solutions VIETNAM CO., Ltd.>

Location

Vietnam Singapore Industrial Park II-A, Vinh Tan Commune, Tan Uyen District, Binh Duong Province, Vietnam

Establishment Date

January 17, 2013

Representative

Kazuhiro Takeuji

Number of employees

Approx. 1,095 (As of the end of September 2019)

Sales

Approx. 2,649 billion VND (FY2018)