A foreign-invested company has been permitted to build an animal feed factory worth 10 million USD in the northern province of Hoa Binh.
The China-invested TongWei Hoa Binh Co., Ltd. will build the plant across 2,300 square metres in the Luong Son Industrial Park.
When operational by the end of 2015, the factory will hire about 200 employees and turn out 200,000 tonnes of animal feed per year.
It is also expected to pay some 10 billion VND (476,200 USD) in taxes to the State budget every year.-VNA
The China-invested TongWei Hoa Binh Co., Ltd. will build the plant across 2,300 square metres in the Luong Son Industrial Park.
When operational by the end of 2015, the factory will hire about 200 employees and turn out 200,000 tonnes of animal feed per year.
It is also expected to pay some 10 billion VND (476,200 USD) in taxes to the State budget every year.-VNA
