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Far Eastern plan to expand its production base in Vietnam investing NT$10 bn

Related Keywords: all-in-one facility, build a large-scale, covering upstream, expand production base in Vietnam, Far Eastern New Century Corp, middle stream and downstream textile products, plans investment, production and finishing, synthetic fibres and other textiles, Taiwanese conglomerate

Far Eastern New Century Corp., a Taiwanese conglomerate involved in production and finishing of synthetic fibres and other textiles. It has factories in China, Taiwan and Southeast Asia. The company in an annual general meeting held on Friday has decided to transform the Southeast Asian country into the company’s third production base after Taiwan and China for which they are planning to invest NT$10 billion (US$323 million) in Vietnam.

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