Esmo

ESMO Group from South Korea opened the ESMO VINA plant in Ninh Bình, Vietnam, on September 20, 2019. The plant cost over VNĐ300 billion ($12.9 million), covers nearly 64,000 sq.m, and can produce about 450,000 automobile components annually.

ESMO (formerly NEXEN TECH) received an investment certificate for a $26.5 million electrical cable factory in Ninh Binh, Vietnam. The facility is expected to create about 2,000 jobs.

Esmo (formerly Nexen Tech) began construction of its first wiring harness factory in Vietnam, Esmo Vina, located in Gia Phu Industrial Zone, Ninh Binh province. The facility represents a total investment of VND700 billion ($30.39 million) and is expected to create about 2,000 jobs.