Home Economy

Chinese firm plans Nam Dinh plant

Mar 13th at 10:43
13-03-2014 10:43:52+07:00

Chinese firm plans Nam Dinh plant

The Jiangsu Julun Textiles Group Co, Ltd of China will build a factory worth US$68 million in the Bao Minh industrial park in Vu Ban District.

The People's Committee of the Song Hong (Red River) Delta province of Nam Dinh has granted an investment licence to the Chinese company.

Covering an area of 80,000sq.m, the factory will produce 9,816 tonnes of yarn, woven cloth of 21.6 million metres and dyed cloth of 24 million metres. The construction of the factory, whose land lease contract is for 46 years, is scheduled to be completed in June 2016.

vietnamnews

MOST READ

NEWS SAME CATEGORY

US becomes second biggest trade partner
ECONOMY Mar 13th at 10:36

US becomes second biggest trade partner

Two-way trade between Viet Nam and the US increased significantly by 26 per cent to US$4.9 billion over past two months, making US become Viet Nam's second largest...

Forum looks at furniture design
ECONOMY Mar 13th at 10:34

Forum looks at furniture design

A project to develop a design centre to boost the local wooden furniture and handicraft design industry is underway, according to the Handicraft and Wood Industry...

Singapore investors see VN potential
ECONOMY Mar 13th at 10:30

Singapore investors see VN potential

Potential investors should consider Viet Nam as an investment destination, particularly in manufacturing operations, said Ahmad Md Magad, Group Managing Director of...

TPP prompts exporters to head towards home market
ECONOMY Mar 12th at 16:01

TPP prompts exporters to head towards home market

Vietnamese garment exporters, from the big ones with strong brand names like Viet Tien or Nha Be, to outsourcing companies--have been gathering their strength to...

International firms showcase furniture at HCM City expo
ECONOMY Mar 12th at 10:21

International firms showcase furniture at HCM City expo

A wide range of indoor and outdoor furniture, handicrafts, equipment and tools for wood processing are on display at the VIFA EXPO 2014 that opened yesterday in HCM...

Gov't, trade unions to secure workers' rights
ECONOMY Mar 12th at 10:20

Gov't, trade unions to secure workers' rights

A new co-operation agenda agreed upon the Government and the Viet Nam General Confederation of Labour (VGCL) sets the protection of workers' rights and interests...

Vietnam Airlines airs new jets as part of expansion
ECONOMY Mar 12th at 10:15

Vietnam Airlines airs new jets as part of expansion

The national flag carrier Vietnam Airlines on Monday received two new Airbus A321 aircraft at Noi Bai International Airport.

Infrastructure problems listed
ECONOMY Mar 12th at 09:57

Infrastructure problems listed

A fundamental challenge for Viet Nam is to improve the affordability and efficiency of infrastructure investment, according to a report released by the World Bank.

FIEs neglect to make re-registration, challenging management system
ECONOMY Mar 11th at 13:21

FIEs neglect to make re-registration, challenging management system

A lot of foreign invested enterprises (FIEs) still keep their operation in Vietnam even though their operation duration stipulated in the investment licenses had...

Vietnam Access links investors
ECONOMY Mar 11th at 13:19

Vietnam Access links investors

The international Vietnam Access Day 2014 investment conference due to take place on March 18 at the InterContinental Hotel in Ho Chi Minh City, will offer...

Read More

MOST READ

Back To Top