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Vietnam TTF to Build US$30M Woodwork Plant in South Africa

Posted by VBN on Jul 28th, 2010 and filed under Industry. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

Truong Thanh Furniture Corporation (TTF) will cooperate with South African partners to build a woodwork processing plant with total investment of US$30 million in Umshwathi city.

The firm will also pour investment into growing 10,000 hectares of material forests and setting up a 2,000-square meter woodwork product showroom in Kwazulu Natal province.

TTF, one of the leading furniture manufacturers in Vietnam with a total of eight factories in Ho Chi Minh City, Binh Duong, Dak Lak and Phu Yen, had revenues of more than VND1.9 trillion (US$100 million) in 2009.

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