Hong Kong company to build apparel facility in Vietnam
28 Dec '16
1 min read
Hop Lun Vietnam Company, a Vietnamese subsidiary of a Hong Kong based apparel manufacturer has laid the foundation stone of an apparel manufacturing facility in Vinh Phuc, a northern province of Vietnam. The plant once operational is expected to employ 2,500 workers and earn around $38.2 million from exports and contribute $6.5 million in taxes.
According to Vietnamese media, the parent company set up in 1992, has plants in China, Bangladesh and Indonesia, and employs around 28,000 workers, while producing 15 million units of apparel products per month. (AR)