Sailun Tyres invests new plant in Vietnam

 The Chinese Sailun Tyres company in the Phuoc Dong-Boi Loi Industrial park, located in the southern province of Tay Ninh, began operating its new US$400 million tyre factory on November 30.

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The factory, whose construction began in 2011, is the largest foreign invested company in Tay Ninh.The plant is capable of manufacturing 150,000 tyres per year, including semi-and full-steel radial tyres and specialty tyres, and is expected to employ nearly 1,000 people. — VNS