Nha Trang Textile and Garment (Nhatexco), a division of Phong Phu Corp, which is a major textile producer in Vietnam, has started operations of its new spinning plant.
The new spinning plant which has a capacity of 40,000 spindles has been set up at a cost of VND 328 billion or $15.7 million in Khanh Hoa province.
Nhatexco has imported the latest spinning machineries from renowned textile machinery producers in Japan, Germany, Switzerland and China.
The yarn produced at the plant will be used at Nhatexco's downstream weaving facilities, and will also be earmarked for export markets.
With the addition of this new capacity, spindle capacity at Nhatexco will touch 160,000 spindles.
Fibre2fashion News Desk - India
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