Hansae Vietnam, a garment manufacturer and supplier owned by Korean interests, yesterday began construction of a garment factory located in an industrial park in HCMC.

The factory, which is likely to take six months to complete, will produce 12.8 million items annually, all of which will be exported to the US.

The company, which has two subsidiaries outside Vietnam, has chartered capital of US$10 million, together with an equal amount of registered capital. In March, the company received a 46-year license.