Hoa Sen Group inaugurates Binh Dinh steel pipe plant
Covering an area of nearly 40,000 square metres, the steel pipe plant has the total chartered capital of VND433 billion ($20 million). Out of the two planned phases of the project only the first one is functional, the second is expected to be constructed in July.
Once completed at the end of 2015, the plant will have the total capacity to produce 100,000 tonnes of steel pipes, creating the estimated revenue of VND1 trillion ($46.3 million) a year.
The project is a part of Hoa Sen Group’s plan to enhance production capacity to meet the increasing demand for steel pipes in the central region.
The group is currently building plants in Hai Duong and Nghe An provinces.
What the stars mean:
★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional
Latest News
More News
- Nhon Trach VI Industrial park welcomes new high-quality warehousing facility (November 03, 2024 | 20:19)
- Long-term funds to address logistics cost (November 03, 2024 | 19:52)
- C.P. Vietnam joins PPP to promote transformation of food industry (November 02, 2024 | 10:04)
- Hung Yen propels investment in Germany and the Netherlands (November 02, 2024 | 09:54)
- 2024 may be Vietnam's most successful year for FDI (November 01, 2024 | 16:10)
- Logistics supply chain efficiency on the rise (October 31, 2024 | 17:27)
- Digital transformation to compete in challenging logistics market (October 31, 2024 | 17:20)
- FDI success promising in light of fresh plans (October 31, 2024 | 17:12)
- Vietnam's logistics sector confronts new challenges (October 31, 2024 | 14:40)
- VinFast to secure $1 billion funding led by Emirates Driving Company (October 31, 2024 | 11:12)
Mobile Version