Amway Vietnam Co. Ltd., a multi-level marketing enterprise, started
construction of its second factory in Vietnam in the southern
province of Binh Duong on March 21.
factory, producing vitamins, supplements, functional food and body care
products, is being built at a cost of 25 million USD.
It covers nearly 55,000 square metres in the Vietnam-Singapore
Industrial Park No.2, seven times bigger than the space in its first
When operational in 2015, the factory will turn out 23 million products worth 200 million USD a year.
Doug Devos, President of the Amway Company, said that it has grown and
enjoyed constant growth since starting its business in the country in
2008. Therefore, the company decided to expand its investment by
building a second factory.
The first factory, built
in Binh Duong’s neighbouring province of Dong Nai in 2007, stretches
over 8,000 square metres and produces 30 million USD worth of products a