Asia’s largest medium-density fibre-board (MDF) factory, in the Minh Hung III industrial zone, Chon Thanh district, in the southern province of Binh Phuoc, went into operation on August 28.
The factory was built at a cost of US$125 million on a 38-hectare site and the MDF VRG Dongwha, a joint venture between the Dongwha Group from the Republic of Korea and the Vietnam Rubber Industry Group, is the main investor.
It is equipped with the same advanced machinery and technologies used in European countries.
With an output of more than 300,000 cu.m a year, the factory will bring in more than VND1 trillion in revenue this year.
The company has also built a chemicals plant to directly supply the factory with additional raw materials to improve its competitiveness in terms of quality and prices.
Once fully operational, the factory will help meet domestic and overseas demands for MDF, while generating jobs and raising the incomes of the local community.
It is equipped with the same advanced machinery and technologies used in European countries.
With an output of more than 300,000 cu.m a year, the factory will bring in more than VND1 trillion in revenue this year.
The company has also built a chemicals plant to directly supply the factory with additional raw materials to improve its competitiveness in terms of quality and prices.
Once fully operational, the factory will help meet domestic and overseas demands for MDF, while generating jobs and raising the incomes of the local community.
VNA/VOV online
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