Taiwan invests in textiles factory
HA NAM -Tai Yuen Co Ltd, a subsidiary company of the Taiwan-based Yun Lon Group, was given an investment licence yesterday to build a textile mill worth US$150 million in the northern province of Ha Nam.
The project, covering around 24 ha in Dong Van II Industrial Park, Duy Tien district, is expected to employ 5,000 workers.
Construction will begin in August and is expected to be completed within a year. Once operational, the mill will require around 1,500 cubic metres of water for its daily operation in the first phase and 2,500 cubic metres in the second phase.
What the stars mean:
★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional
Latest News
More News
- Vietnam’s economy on track for 6.5 per cent growth despite Typhoon Yagi, says HSBC (October 01, 2024 | 16:46)
- Vietnam urges China to expand market access for agricultural products and strengthen trade ties (October 01, 2024 | 16:42)
- IMF predicts Vietnam's economic growth to reach 6.1 per cent in 2024 (September 30, 2024 | 18:26)
- Deli Group breaks ground on $270 million factory in Hai Duong (September 30, 2024 | 18:17)
- Government considering tax on multiple properties (September 27, 2024 | 20:17)
- Accuracy more vital than ever in dawn of AI (September 26, 2024 | 20:44)
- Vietnam remains attractive destination for US businesses (September 26, 2024 | 20:23)
- New innovation centre inaugurated during HEF 2024 (September 25, 2024 | 09:00)
- China's Geely to build $168 million automobile facility with Tasco in Thai Binh (September 24, 2024 | 19:03)
- Spate of claims made in typhoon aftermath (September 19, 2024 | 17:00)
Mobile Version