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  • Written on 25.04.2014 - Industry
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VIETNAM: Modern tyre factory wheeled out

Deputy Prime Minister Hoang Trung Hai cut the ribbon to inaugurate an all-steel radial truck tyre factory on 19 Apr. 2014 in the southern province of Binh Duong.

Covering 120,000 sq. m in the Nam Tan Uyen Industrial Park, the factory, the most modern of its kind in Viet Nam, was built at a cost of VND 3.38 trillion (USD 161 million).

Co-invested by the Viet Nam National Chemical Group (Vinachem) and the Southern Rubber Industry Joint Stock Company (Casumina), the plant is capable of producing 1 million tyres per year. It has targeted both domestic and foreign markets, including the Middle East, South Asia and Southeast Asia, the US, North America and Europe.

Source: bizhub.vn, Hanoi; 22 Apr 2014
(Syed Rashid Ali, Karachi, Pakistan)


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