Construction of the Dinh Vu polyester fibre plant is almost complete, according to PetroVietnam Petrochemical and Textile Fibre Joint-stock Co (PVTex).

The mill is expected to start operations by May and will be transferred to investors by August this year.

Located in the northern port city of Hai Phong 's Dinh Vu Industrial Zone, the plant was funded by PVTex with a total investment capital of 324.85 million USD. Dinh Vu polyester and fibre plant has a designed production capacity of 500 tonnes of fibre a day.