Formosa Plastics Group (FPG) yesterday confirmed that the scheduled
launch date for operations at a subsidiary''s steel mill in Viet Nam has
been postponed with no new schedule decided.
Taiwan''s Hung Nghiep Formosa Ha Tinh Steel Limited Company, a subsidiary
of Formosa Plastics Group, has offered its services in setting up the
government-managed Vung Ang special steel economic region.
The Government has agreed to offer import tax incentives to the Formosa
Ha Tinh Steel Project to the most favourable conditions for the
project''s implementation.
