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Yadea Vietnam Smart Manufacturing Plant Phase 1 Project Completed, with an investment of over $100 million
Yadea announced on March 1 that its first phase of the smart manufacturing plant in the New Industrial Zone of Bac Ninh Province, Vietnam, has officially been completed, with an initial investment of over $100 million. The plant’s initial designed capacity is 1 million units per year, with plans to gradually increase to 2 million units annually in subsequent phases. The first phase is expected to create approximately 800 to 1,000 local jobs. After the completion of the second phase, the workforce will grow to 3,000 employees. (Jiemian News)