WORLD : Taiwan Plans Vietnam Factories
From Times wire services
TAIPEI, Taiwan —
Taiwan is planning with Vietnam to establish an industrial zone of about 60 labor-intensive factories in Vietnam’s Dong Nai province, the chairman of the Sino-Vietnam Industrial and Commercial Assn. said today .
Bernard Joei said the development cost of the project is about $100 million, although he added: “We have not committed that money yet.” The association, which signed with Vietnam a memorandum of agreement on the deal, is a quasi-government body.
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.
