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FENC counts on its Vietnamese plant to create a complete supply chain

Related Keywords: completed in 2020, creating a complete supply chain, expects Vietnam to become its third largest production base, fabrics and garments in Southeast, Far Eastern New Century Corp, FENC, its Vietnamese plant, reduce reliance on its two major production bases, Taiwan and China, Taiwanese based textile maker, taken up capacity expansion project

Taiwanese based textile maker Far Eastern New Century Corp (FENC) to reduce reliance on its two major production bases, Taiwan and China has taken up capacity expansion project at its Vietnamese plant which will be completed in 2020, yesterday said it expects Vietnam to become its third-largest production base.

The capacity expansion is aimed at creating a complete supply chain for fabrics and garments in Southeast Asia, and is projected to cost more than US$700 million, it said.

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