Vietnamese manufacturer GMC has begun constructing a new VND20bn (US$1.25m) garment plant in Ho Chi Minh city.

The plant, named Tan My garment, will be located at Hac Di Industrial Point, Ba Ria, Vung Tau province, on a 50,000 square metre plot of land.

It will produce sportswear for export to the US and EU markets.

In the first half 2007, GMC's profit reached US$0.56m, a year-on-year increase of 138.5%. 

By Ngo Tuan.