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VietNamNews

Taiwan group to invest US$150m in Ha Nam

Update: May, 07/2014 - 08:46

The plant will cover about 24ha in Dong Van II Industrial Zone, Duy Tien District, and will employ about 500 local workers. — VNA/VNS Photo Tran Viet

HA NAM (VNS) — Tai Yuen Company Ltd, an affiliate of the Yunlon Group (Taiwan), will invest US$150 million in the construction of a textile plant in the northern province of Ha Nam.

Chi Wei Kung, General Director of Tai Yuen, announced the plan at a working session attended by provincial officials on Monday.

The director said the plant will cover about 24ha in Dong Van II Industrial Zone, Duy Tien District, and will employ about 500 local workers. Construction will begin in August and is expected to be completed within a year. — VNS

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