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Deputy Prime Minister Hoang Trung Hai cut the ribbon to inaugurate an all-steel radial truck tyre factory last Saturday in the southern province of Binh Duong.— File Photos
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BINH DUONG (Biz Hub) — Deputy Prime Minister Hoang Trung Hai cut the ribbon to inaugurate an all-steel radial truck tyre factory last Saturday in the southern province of Binh Duong.
Covering 120,000sq.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 VND3.38 trillion (US$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 tyros 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. — VNS