VIETNAM: Japan's Kondo Corp opens US$28m textile mill
Japan-based Kondo Corporation has opened a textiles mill in the My Phuoc Industrial Zone I in the southern Vietnamese province of Binh Duong.
The mill, which has created 300 jobs, boasts an initial investment capital of US$28m and the capacity to turn out 16.3 tonnes of high-quality cotton yarn daily, reported VNA.
The mill's produce will be exported to markets including China and Japan.
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