# Blue Sail Medical invests in PVC glove project in Vietnam

Blue Sail Medical announced that its subsidiary Lanfan (Shanghai) will set up Zibo Tengyue Medical Technology Co., Ltd. with Mr. Zhu Hu to implement an 800 million per year PVC glove project in Vietnam, laying the foundation for the company's development in the Vietnamese market.

- Type: Investment
- Announced: 2020-06-09
- Where: Vietnam, Vietnam
- Value: $3.50M (25.0M CNY)
- Status: announced
- Capacity: 800 million PVC gloves per year
- Products: PVC protective gloves
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Blue Sail Medical](https://endata.com/companies/47769.md)

## Sources

- [sjfzxm.com](http://www.sjfzxm.com/global/en/571017.html), 2020-06-10: "The above investment will help the company make full use of the local geographical, labor productivity and resource advantages, lay the foundation for the company's development in the Vietnamese market."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.