Home Economy

Shrimp factory opens in Kien Giang

Nov 29th at 21:27
29-11-2014 21:27:03+07:00

Shrimp factory opens in Kien Giang

Trung Son Seafood Processing Joint Stock Company inaugurated a shrimp processing factory in Duong Hoa Commune, Kien Luong District in the Cuu Long (Mekong) Delta province of Kien Giang yesterday.

The US$7.9 million factory aims to create 750 jobs. Its capacity in phase 1 is 5,000 tonnes per year and will double in phase 2.

The corporation chose Japanese Mitsubishi Corporation as its strategic partner as Japan is a key market for factory products.

The factory is located in the company's industrial shrimp raising zone, which will provide raw materials.

bizhub

MOST READ

NEWS SAME CATEGORY

PM greets WEF leader in capital
ECONOMY Nov 29th at 21:23

PM greets WEF leader in capital

Prime Minister Nguyen Tan Dung asked for the World Economic Forum's close support to address weaknesses facing the national economy and find solutions to sharpen...

Italian businesses talk cooperation opportunities with Vietnamese counterparts
ECONOMY Nov 28th at 14:26

Italian businesses talk cooperation opportunities with Vietnamese counterparts

Many Italian firms recently joined a business forum which was organized in Ho Chi Minh City, hoping to find more cooperation opportunities with Vietnamese companies...

Russia’s “Look East” policy to bring new opportunities to Vietnam
ECONOMY Nov 28th at 14:23

Russia’s “Look East” policy to bring new opportunities to Vietnam

Russia has made moves recently that show it is strengthening cooperation with Vietnam as an important part of its “look East” policy. Both Vietnam and Russia are...

90 percent of airports in Vietnam record losses
ECONOMY Nov 28th at 14:19

90 percent of airports in Vietnam record losses

Only two out of 22 operational airports in Vietnam have reported profits, with losses attributed to the number of airports built several years ago when local...

Over 60,000 Vietnamese businesses close in 2014
ECONOMY Nov 28th at 14:17

Over 60,000 Vietnamese businesses close in 2014

As reported by the Ministry of Planning and Investment (MoPI), during the period between January and November, Vietnam had 67,790 new businesses, with a total...

Door opens to foreign logistics firms
ECONOMY Nov 28th at 14:14

Door opens to foreign logistics firms

Numerous foreign investors are eyeing the Vietnamese logistics service market but are facing difficulties because of unclear regulations.

Businesses asked for greater contribution to children’s rights
ECONOMY Nov 28th at 14:11

Businesses asked for greater contribution to children’s rights

A ceremony to announce “Children's Rights and Business Principles” was organized on November 27 by the United Nations Children's Fund (UNICEF).

City tops budget revenue forecast
ECONOMY Nov 28th at 13:56

City tops budget revenue forecast

The city's budget collection reached VND231 trillion (US$10.8 billion) by November. This amounts to 102 per cent of the budget forecast.

Vietcraft launches design contest
ECONOMY Nov 28th at 13:54

Vietcraft launches design contest

The Viet Nam Handicraft Exporters Association (Vietcraft) has launched a Sustainable Product Design Competition to encourage designers, artisans, companies and...

City receives ASEAN Caravan
ECONOMY Nov 28th at 13:52

City receives ASEAN Caravan

The ASEAN Caravan, a business-matching event hosted by Japan External Trade Organisation (JETRO), arrived in HCM City yesterday with more than 30 Japanese small-and...

Read More

MOST READ

Back To Top