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Hoa Phat announced it will invest US$130 million to build a new container factory near Ho Chi Minh City in Ba Ria-Vung Tau, with an initial capacity of 180,000-200,000 TEU per year, eventually reaching 500,000 TEU per year.
“We chose Ba Ria – Vung Tau to set up our first factory because it is located in the economic engine area of the Southeast region, close to major seaports.”trident-containers.com
Summarized from public sources; check the original articles before acting on it.