Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Vietnam-China JV Begins Producing Electrical Goods
Jul 14, 2003
 Printable format
 Email this Article
 Search

The joint-venture Aucma Vietnam Electrical Appliances Company (A&V) has begun operations in Tan Tao Industrial Park of Ho Chi Minh City to supply both domestic and international markets.

The joint venture has legal capital of U.S. $800,000, 69 percent of which has been invested by China's Quindao Aucma Company and 31 percent by the local Van Anh trading company.

It will manufacture a range of products, including air-conditioners, freezers, solar water heaters, and electric bicycles. The company's factory has a designed production capacity of 60,000 products a year.

About one-half the output will be exported to such markets as Thailand, Malaysia, Cambodia, and the Europe, said Li Wenyi, the company's general director. These exports are expected to bring in revenue of around $1 million annually.

As existing orders placed with the Aucma parent company have been passed on to A&V, the first shipment will take place next month. The products will also be available on the domestic market later this month. A&V is providing jobs for around 150 staff. (Asia Pulse)

Back to Daily News

 

Daily News

...........................................................

Nov 21, 2014: Electrolux: new U.S. fridge efficiency requirements are more complex than anticipated

Nov 21, 2014: Whirlpool brand launches Perceptions of Care video

Nov 21, 2014: Hon Hai 3Q profit $1 billion

Nov 21, 2014: Environmental Product Declarations for aluminum product types released

Nov 20, 2014: Report: Drop in affluents' consumer confidence may foretell signal trouble ahead for some retailers

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

November 2014: U.S. Appliance Industry: Market Value, Life Expectancy & Replacement Picture 2014
October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows