The Republic of Korea Hwa Seung Group has invested 90 million USD to set up Hwa Seung Vina Co which will specialise in manufacturing sport shoes in Nhon Trach 1 Industry Zone, in the southern province of Dong Nai .
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The company has also invested 5 million USD into its partner company – the Long Hung Trade Manufacturing JSC to strengthen its production line, raising its capacity to 2-2.4 million of shoes per year in 2008-2009.
(Source: VNA)
