Texhong Group builds second plant in Vietnam
Vietnam Textile and Garment Association (Vitas) revealed that the China-based Texhong Group was working out the investment project of a new fibre plant in Hai Yen industrial zone, Quang Ninh province with total investment capital of $100 million.
Hong Tianzhu, the group’s chair has worked with the leaders of Quang Ninh province’s functional authority about this project since the beginning of this year. This is the second textile plant that Texhong has constructed in Vietnam so far.
Previously, Texhong Vietnam Textile JSC-1, a branch of Texhong Group has carried out construction on a textile plant with investment capital of $100 million in Nhon Trach industrial zone, Dong Nai province.
Tags: Texhong Group, Texhong plant in Vietnam