Thanh Cong plans to build new Mekong Delta factory

The Thanh Cong Textile Garment Investment Trading Joint Stock Company is planning to build a new factory in the Mekong Delta province of Vinh Long next month.

The investment capital for the first phase of the garment and textile plant is US$8 million, and the project is expected to bring in a revenue of $10 million next year.

The company reported a revenue of VND1.306 trillion ($61.7 million) in H1, up 8.85 per cent year on year, and a profit of VND83.68 billion ($3.9 million), up 47.6 per cent, representing 50.89 per cent of the company's yearly target.

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