Taiyuan Textile Company builds textile factory in Ha Nan Province, Vietnam

According to a report by “Vietnam News” on July 19, Taiyuan Textile Company, a subsidiary of Taiwan’s Yulon Group, invested US$150 million to build a textile factory in Henan Province in northern Vietnam. The project obtained an investment license on July 18 . The project is located in Tongwen Second Industrial Zone, Henan Province, covering an area of ​​24 hectares and is expected to employ 5,000 workers. The project will start construction in August this year and is expected to be completed within one year. After the project is put into operation, 1,500 tons of water will be used every day in the first phase and 2,500 tons of water will be used every day in the second phase.