Angst+Pfister establishes Vietnam production hub in Dong Nai

Strategically located in Ho Nai Industrial Park, APVN Sealing is positioned as a central hub to serve customers across Southeast Asia and beyond. This state-of-the-art plant represents a significant step forward in Angst+Pfister's strategy to scale up its production capabilities and expand its reach in Asia.

The 4,500 square metre facility was constructed in less than a year with a total investment of €11.1 million ($12 million) that extends until 2028. It boasts a large warehouse serves as a distribution hub for Angst+Pfister's products throughout Vietnam and Southeast Asia, along with sales, product management, research and development, a laboratory, and quality assurance facilities.

APVN Sealing boasts cutting-edge technology and internationally recognised certifications, reflecting Angst+Pfister's unwavering commitment to quality and excellence. APVN Sealing will play a vital role in providing top-tier sealing solutions, including high-performance O-rings and moulded parts, to a wider market in Vietnam and throughout Southeast Asia. The company will supply the process, automotive, food & beverage, oil and gas, and general industries worldwide with demanding applications.

Christof Domeisen, CEO of Angst+Pfister Group, said, “Bringing Swiss innovation to our manufacturing operations and further developing our Vietnamese and global customers is the primary aim of this investment. I am convinced that we will also benefit from the innovation developed by Vietnamese universities and companies. I am happy to understand that we were very much welcome to build this company here. Thank you for all the support from local partners. Be assured that we will work hard to become a positive contributor to Vietnamese society.”

South Korea to open $14 million logistics centre in Dong Nai On January 4, South Korea's Ministry of Oceans and Fisheries announced that it has set up a corporate body to open a logistics centre in Vietnam to support South Korean small- and medium-sized enterprises (SMEs).

Dong Nai licenses four foreign-invested projects worth over $156 million Dong Nai People's Committee granted investment certificates to four foreign-invested projects with the total registered capital of more than $156 million on January 8.

Nestlé makes another $100 million investment into Nestlé Tri An in Dong Nai On January 9, Nestlé Vietnam announced an additional investment of $100 million into the Nestlé Tri An factory in the southern province of Dong Nai, raising the total investment capital of the factory to $500 million.