Israel transfers optical cable technology to Vietnam

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Israel transfers optical cable technology to Vietnam
Israel’s UPC Group, the world-leading manufacturer of optical fiber cables, and the Vietnam Fiber Optics Joint Stock Company (VFO) in Ho Chi Minh City signed a contract on transferring optical cable technology Thursday.

VFO will receive the Israeli partner’s technology to produce hi-tech optical fiber cables at its plant, which was established thanks to the cooperation between the Vietnamese and Israeli governments in the field of high technology.

The plant, the first of its kind in Southeast Asia, with an investment of US$150 million is located at the My Phuoc 3 Industrial Park in Binh Duong Province. Its products will be produced for export and to supply local demand.

Reported by X. Quynh
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