Overseas Vietnamese to build 5 million USD garment plant in Hai Phong

Overseas Vietnamese-owned New World Fashion Group will build a 5 million USD garment factory in the northern port city of Hai Phong .

To this effect, Pham Minh Nam , Chairman of New World Fashion group, which is one of leading garment businesses of the overseas Vietnamese community in the UK , signed with Hai Phong’s Industrial Zone Management Board in London on September 14.

At the signing ceremony, Vice Secretary of Hai Phong Party Committee Duong Anh Dien said the city will process investment procedures and land clearance quickly to help New World Fashion Group start construction of its Hai Phong factory as soon as possible.

The Hai Phong factory will be New World Fashion Group’s fourth factory of its kind in Vietnam. The other three factories which are operational include Excel at the My Tho Industrial Zone in Mekong delta Tien Giang province, Garment Care and Phu Tai in northern Hai Duong province, employing more than 5,000 work-hands in total.

VNA

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