Tae Kwang group kicks off $75Mln Nike factory in Vietnam

Tae Kwang, the Korean Group, launched its third Nike shoes factory worth $75 million at the MocBai Border Economic Zone located in Tay Ninh province on Ocotber 25, the online newspaper Tuoitre reported on October 26.

The factory has a average capacity of 10 million pairs of shoes per year and an average export turnover of $160 million per year.

The group currently provides jobs for 40,000 Vietnamese labors and exports around $400 per year.

Nike, the world’s leading manufacturer of sport shoes and apparel, started its venture in Vietnam in 1995. – Stoxplus.com

Tags: Nike factory in Vietnam, Tae Kwang group

Posted by VBN on Oct 27 2010. Filed under Garment Textile. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry