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SMC Manufacturing Vietnam received an investment certificate for a $330 million expansion at its Long Duc Industrial Park plants in Dong Nai, starting operations in July 2025. The move adds thermo chillers and raises automation component capacity.
Sanhua Vietnam, a subsidiary of Sanhua Holding Group, inaugurated the second phase of its air conditioning valve factory at An Duong Industrial Park in Hai Phong on September 4, 2024. The second phase received US$60 million of investment in 2023.