Kem Nghia to build $14 million plant
Kem Nghia to build $14 million plant
Ho Chi Minh City-based Kem Nghia JSC on November 26 received an investment certificate to build a $14 million plant in the city’s Tan Phu Trung Industrial Park.
The plant, located on a five-hectare site, produces household metal goods and personal care products with the estimated capacity of 850 tonnes per year. Construction is planned to start in April 2015 and be completed within a year.
In the near future, Kem Nghia plans to expand its distribution network in the north of Vietnam as well as to foreign markets.
Kem Nghia, now a household name in Vietnam, is famous for its nail care and decoration kits. Established in September 2000, the firm now has more than 130 stores and 3,000 resellers and holds an 80 per cent share of the Vietnamese market for metal personal care products. The firm’s products are also sold abroad in markets such as the US, Canada, Germany, France, Italy, Russia and Japan.
