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January 2, 1997updated 05 Sep 2016 1:07pm

FUJITSU TO MANUFACTURE IN VIETNAM

By CBR Staff Writer

Fujitsu Ltd is to manufacture fibre optic components in Vietnam under a joint venture to be established with the state Vietnam Post & Telecommunication Corp by the end of the current quarter. The new VNPT-Fujitsu Telecommunications Systems, will be capitalized at $6m with the two companies each contributing half. Total investment is seen reaching $12m, with a 10,000 square foot factory outside Hanoi being the main focus of the investment.

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