Kondo Spg.Building First Japanese-Affiliated Spinning Factory in Vietnam

摘要

Previously,Japanese textile-related industries restricted their investment in Vietnam to garment manufacturing;however,Kondo Cotton Spinning Co.,Ltd.is going to construct a cotton spinning factory with nearly 50,000 spindles in the My Phuoc Industrial Zone in Binh Duong Province about 17 km north of Ho Chi Minh City.The area of factory site is 6 hectares and the amount of investment is US28 million.