Textile JSC invests in new products
The 10/10 Textile Joint Stock company has cooperated with its Denmark partner to invest VND300 billion ($14.3 million) in installing a new production line equipped with German technology in Hung Yen Province.
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The investment aims to raise its production capacity from the current 1,000 tonnes to 1,600 tonnes of mosquito nets per month to help the company reduce raw materials from China, Bangladesh and Thailand.
It is expected the new production line will be operational in September this year to create more than 150 jobs. The company's main products include various types of tulle, net, curtains and mosquito nets.
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