return icon Vietnamnet.vn

Japanese zipper-maker YKK to open second Vietnam plant

Japanese zipper-maker YKK will begin operations at its second plant in Vietnam in October, reported the Japan Times.

 

{keywords}

YKK R&D Center. Photo: YKK

 

The company plans to increase its production capacity by 40 per cent in the fiscal year through March 2021 compared with fiscal year 2017.

YKK Vietnam Co., YKK’s local subsidiary, built the plant at the Dong Van III Industrial Zone in the northern province of Ha Nam, some 40 km south of Hanoi, with total investment of $59.9 million.

Adding to its existing plant in the southern province of Dong Nai, the new 51,000 sq m site will shorten delivery times to garment makers in Vietnam’s north.

It is also expected to respond to garment production shifting from China to Vietnam.

The parent group opened an R&D Center at YKK Vietnam last year, which brought its number of development sites to 36 (eight of which are R&D centers) and its number of R&D personnel to 945 as at the end of 2018.

Aside from zippers, YKK also makes other fastening products, like hook and loop self-closing tape fastening systems, webbing, and metal and plastic notions and buckles. It also produces aluminum building products, like windows and entrance systems for low, medium, and high-rise applications.

In the FY2019 business policy, the group’s sales are to be boosted in the US, China, and Asia region, with a goal of reinforcing its foundations and expanding to target markets.

YKK Vietnam was established in 1998, as the tenth fastening company in the ASAO (ASEAN South Asia & Oceania) region. With the assistance of its valued customers, business partners, and employees, the company has been expanding its business activities.

YKK was founded in Japan as a zipper manufacturing company in 1934 by Mr. Tadao Yoshida. In the early years, Mr. Yoshida’s company carried his name and was called Yoshida Kogyo Kabushikikaisha, or “YKK” for short.

46 years of Vietnam-Japan diplomatic ties in pictures

46 years of Vietnam-Japan diplomatic ties in pictures

Vietnam and Japan set up diplomatic ties on Sept. 21, 1973. The two countries lifted up their ties to extensive strategic partnership in March 2014 from reliable, stable, long-term partnership in 2002

Economists warn of risks for Vietnam in the context of ROK-Japan tensions

Economists warn of risks for Vietnam in the context of ROK-Japan tensions

Vietnam’s production and export activities, and its trade balance, may be affected by the tensions between South Korea and Japan, according to Rong Viet Securities.

MORE NEWS

Share prices fall, billionaires lose big

Billionaire Tran Dinh Long’s assets have fallen by $1.6 billion this year, while billionaire Pham Nhat Vuong has lost $2 billion.

Video game helps promote Vietnamese culture, tourism

The video game “Lac Viet phieu luu ky” (Lac Viet Adventures) was selected by the Ministry of Foreign Affairs as a promotional product on digital platforms at the Vietnam Days Abroad 2022 in Austria, India, and the Republic of Korea this year.

Over 100 Vietnamese citizens deported from China for illegal stay

106 Vietnamese citizens that stayed illegally in China were returned to Vietnamese authorities at the Ly Van Border Gate in the northern province of Cao Bang on Tuesday.

"578 Magnum" film chosen to compete at 2023 Oscars

The head of the Vietnam Cinema Department, Vi Kien Thanh, said the “578: Phat Dan Cua Ke Dien” (578 Magnum) film received a score of 9, the highest from the national selection board, and was chosen to represent Vietnam at Oscars 2023.

HCM City to recruit key officers through exams

The city’s Vice Chair Vo Van Hoan has signed a decision on organizing exams to select leaders and managerial officers for local public agencies.

HAGL Group repays bonds worth trillions of VND

The Hoang Anh Gia Lai Group (HAG) of entrepreneur Doan Nguyen Duc eased its debt burden of VND6.6 trillion in bonds prior to Decree 65’s issuance.

70-year-old publishing industry tries to catch up with rest of the world

Tran Chi Dat, Director and Editor-in-Chief of the Information and Communications Publishing House, says that e-books and other modern publishing models are now giving more choices to readers in accessing content.

Vietnam's first monkeypox patient tests negative, symptoms disappearing: hospital

The patient, a 35-year-old woman who return from Dubai, is no longer suffering from fever, while the blisters on the face, hands and feet have dried up, peeled off and new skin is forming, said the doctors treating her.

Largest-ever Vietnamese rock concert to hit stage in HCM City

Leading rock bands and singers from across the country are set to perform in the World Rock Vietnam concert which will get underway on December 10 in Ho Chi Minh City.

Vietnam to impose temporary anti-dumping duties on Chinese tables, chairs

Vietnam will impose temporary anti-dumping duties on some table and chair products originating from China, the Vietnamese Ministry of Industry and Trade has said.

More former officials arrested over repatriation flights bribery scandal

Three more people, including two former diplomatic officials, have been arrested for their involvement in a bribery case at the Ministry of Foreign Affairs' Consular Department.

Vietnam to send two football teams to AFF Club Championship 2023

Vietnam will send two clubs to the ASEAN Football Federation (AFF) Club Championship 2023, according to the Vietnam Football Federation (VFF).

ST24, ST25 rice trademarks protected in Australia

Australian Intellectual Property (IP Australia) has officially issued trademark protection certificates to three brands of ST24 and ST24 rice produced by Ho Quang Tri Private Enterprise.

Retail stocks with positive outlook

Retail stocks, in general, are expected to produce positive business results this year, especially in the third quarter.

Artificial Intelligence applied to weather forecasting in Vietnam

The Vietnam Meteorological and Hydrological Administration has applied Artificial Intelligence (AI) in hydrometeorology monitoring and forecasting, making typhoon and torrential rain prediction more accurate.
back_to_top