Seafood firm to build factory in Russia
HCM CITY - The Hung Vuong Joint Stock Company plans to build a US$30-million seafood processing plant in Russia, beginning early next year, reported Dien dan Doanh nghiep (The Business Forum) online.
 |
| The Hung Vuong Joint Stock Company plans to build a US$30-million seafood processing plant in Russia. - Photo infonet |
Company General Director Duong Ngoc Minh announced the plan after attending a seafood trade fair in Russia last week.
The scheme to build the plant is based on an agreement for co-operation on industrial zones, signed between HCM City and Russia's capital, Moscow. The agreement aims to create jobs for Vietnamese labourers in Russia, Minh added.
He pointed out that enhancing the quality of Vietnamese packaged seafood exports and utilising the diversified seafood material in Russian waters will help the plant to meet the Russian consumer demand.
The company is based in the Mekong Delta province of Tien Giang.
What the stars mean:
★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional
Latest News
More News
- Danang makes push for free trade zone (November 11, 2024 | 15:01)
- Danang pinpoints areas to unleash economic potential (November 11, 2024 | 14:53)
- Ca Mau builds up service-oriented administration (November 11, 2024 | 14:29)
- Digital transformation the driving force for Quang Nam (November 11, 2024 | 13:00)
- Tien Giang emerging as strategic investment hub (November 11, 2024 | 11:00)
- Vietnam welcomes more semiconductor enterprises (November 11, 2024 | 10:41)
- Quality must come first in chip mission (November 11, 2024 | 10:33)
- Developers pinpoint energy dealmaking (November 11, 2024 | 08:00)
- German businesses explore investments in Dong Nai (November 08, 2024 | 18:02)
- Vietnam poised to become hub in global semiconductor supply chain (November 07, 2024 | 16:00)
Mobile Version