The Yamani Dynasty Company Limited of Taiwan ( China ) has been licensed to build a leather-based product factory in Nam Dinh province.

The Nam Dinh Provincial People’s Committee on July 26 hosted a ceremony to hand over an investment certificate to the company.

Accordingly, the company will invest 14 billion USD in a factory specialising in making leather bags, wallets and belts in the Nam Hong industrial cluster in Nam Truc district of the northern province of Nam Dinh.

Once fully completed by July, 2012, the plant will be capable of manufacturing more than 900,000 bags, wallets and belts and 50 other leather-based products per year./.