Construction of a yarn-spinning factory, with an annual capacity of 6,000 tonnes of yarn, began in the central province of Ha Tinh on December 25.

The 450 billion VND (roughly 24.3 million USD) project has been invested by five domestic stakeholders and qualifies to enjoy the province’s incentives and financial support.

The first part of the two-phase project is expected to become operational by late 2011 and produce 4,000 tonnes a year./.