Tool producer to build factory in Vietnam

Source:Global Times Published: 2018/10/11 22:38:40

Tool manufacturer Hangzhou Great Star Industrial Co announced on Wednesday night that it would set up a manufacturing base in Vietnam as part of the company's overseas push and to prepare for uncertainties amid rising trade friction.

The company said it would invest $30 million in the new manufacturing facility in Vietnam, according to a filing with the Shenzhen Stock Exchange.

Posted in: MARKETS,ECONOMY

blog comments powered by Disqus