Sunday, August 20, 2017 - 7:42:33

Japanese owned garments factory opens in Hue

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The Japanese based company ‘Tokyo Style’ opened a new factory in the central province of Thua Thien-Hue on June 26.

The Hue factory has 100 percent of the investment capital coming from Japan , and an operation for a period of 50 years.

The 21 million USD factory is located in Phu Bai Industrial Zone on a site of 22,750 square meters.

The factory has the capacity to produce approximately 500,000 garments a year, with only 5 percent to be sold on the domestic market.

In the future, the company hopes to raise domestic sales to 30 percent.-VNA
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