(ĐN)- Chairman of Dong Nai provincial People's Committee Dinh Quoc Thai on May 6 presented an investment certificate to Hyosung Dong Nai Company, a subsidiary of the Republic of Korea (RoK)'s Hyosung Corporation.
(ĐN)- Chairman of Dong Nai provincial People’s Committee Dinh Quoc Thai on May 6 presented an investment certificate to Hyosung Dong Nai Company, a subsidiary of the Republic of Korea (RoK)’s Hyosung Corporation.
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| Chairman Dinh Quoc Thai presents investment certificate to representative of Hyosung Dong Nai Company |
The Chairman highly appreciated Hyosung Corporation for its investment as well as social charitable activities, execution of Vietnamese laws and taking care well its laborers’ lives.
Over the past time, the corporation has provided support to Dong Nai in organizing investment promotion program in RoK. He also asked related departments and sectors to create favorable conditions for Hyosung Dong Nai to deploy the project.
Hyosung Dong Nai invested more than VND14 trillion, or US$660 million, to build a fibre production plant on 22 hectares of land in Nhon Trach 5 Industrial Zone, bringing total area of the corporation’s Hyosung Dong Nai and Hyosung Vietnam companies up to more than 90 hectares.
The factory of Hyosung Dong Nai Company will process products, such as spandex, nylon and polyester, as well as steel fibres for making tyres, and most of them will be exported.
Reported by K.G
