ABB to build new plant in Vietnam

The plant, worth nearly US$30 million, will cover 87,000 square meters in Tien Son Industrial Zone and is expected to be fully operational by the end of 2009.

The company said it plans to hire several hundred locals to work at the factory, which will produce medium and high voltage power products for both the domestic and international markets.

ABB Group operates in some 100 countries and has about 120,000 employees worldwide.