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FENC knitted fabric plant in Vietname to boost production

Related Keywords: aims to improve the fabric and garment supply chain, capacity expansion plans, company with USD seven hundred sixty million investment, Far Eastern New Century Corp, FENC, in Vietnam, knitted fabrics, open a new plant for production of knitted fabrics, Taiwanese textiles giant

Taiwanese textiles giant Far Eastern New Century Corp (FENC) to open a new plant for the production of knitted fabrics in Vietnam. The company with the US$ 760 million investment aims to improve the fabric and garment supply chain.

The capacity expansion plans are part of the company’s investment project in the country over the next three years. The new plant is expected to manufacture 6,000 tonnes of knitted fabrics this year.

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