Chinese investor Moons’ Industries has announced an additional US$69 million investment in its project at VSIP Industrial Park, raising the total capital to US$87 million. This expansion underscores the company’s growing commitment to its operations in Vietnam.

The project focuses on producing precision motors, motion transmission motors, LED sources, and similar components, with a production capacity of 990,000 product sets annually. It has created employment opportunities for 100 workers and is expected to contribute approximately US$50 million in annual exports.

Located in the strategically positioned VSIP Industrial Park, Moons’ Industries benefits from Vietnam’s strong industrial infrastructure and its growing reputation as a manufacturing hub. This investment marks another step in the company’s efforts to expand its global footprint and highlights Vietnam’s role in the supply chain for advanced technological components.

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