US’s Amway to build new plant in Vietnam

The US-based Amway corporation will build its new plant in My Phuoc Industrial Zone in Vietnam ’s southern Binh Phuoc province this year.
The US-based Amway corporation will build its new plant in My Phuoc Industrial Zone in Vietnam ’s southern Binh Phuoc province this year.

The new plant will be Amway’s second in Vietnam after its first 12 million USD factory, built at Amata Industrial Zone, southern Dong Nai province, in 2007, according to the Amway Vietnam Co. Ltd.
The US company’s business in the Southeast Asian country grew by 35 percent per year over the past years.

Founded in 1959, Amway has grown into a multinational corporation which earned a global revenue of 11.3 billion USD in 2012.-VNA

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