THE SOCIALIST REPUBLIC OF VIET NAM
Government News
New radial truck tyre factory inaugurated
VGP - Deputy PM Hoang Trung Hai on Saturday cut the ribbon to inaugurate an all-steel radial truck tyre factory in the southern province of Binh Duong.
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Deputy PM Hoang Trung Hai addresses at the inauguration ceremony of an all-steel radial truck tyre factory in the southern province of Binh Duong, April 19, 2014 - Photo: VGP/Nguyen Linh |
Speaking at the inauguration ceremony, Deputy PM Hai called on investors to strive for effective operation.
Covering 120,000 sq.m in the Nam Tan Uyen Industrial Park, the factory is the most modern of its kind in Viet Nam.
The US$ 161 million project was jointly 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 units per year, targeting to serve for both domestic and foreign markets including the Middle East, South Asia and Southeast Asia, the US, North America and Europe./.
By Khanh Phuong