On March 5^th 2013, Fangzheng (Vietnam) Founder Motor Co., Ltd. was issued the Investment Certificate No. 532043000016 by TIZA.

Fangzheng (Vietnam) Co., Ltd. is a Chinese enterprise that specializes in producing household sewing machine motor, automatic sewing machine for industry, Servo control system and auxiliary motors for cars. Capital investment of the project is $ 6 million, leasing area of 17,431m² at lot 60B - Long Jiang Industrial Park, Tan Lap 1, Tan Phuoc, Tien Giang Province. It is expected that from June of 2013 factory will start in operation. The factory Fangzheng in operation will contribute to improving the level of local industries, creating jobs and raising the local socio-economic development.

Fangzheng company is now producing multi-function household sewing machines in the world. Of five global leading enterprises in the production of household sewing machines there are four now using the entire Fangzheng products. Fangzheng is dominating in the competitive market of this product industry.