Kumho Tire eyes expansion of Vietnam plant
By Thuy Tien April 12, 2021 | 11:50 am GMT+7
South Korea’s Kumho Tire plans to invest $305 million to expand its plant in Vietnam.
Kumho Tire Plant in My Phuoc 3 Industrial Park in the southern province of Binh Duong. Photo courtesy of Kumho Tire.
The expansion, when completed in the first quarter of 2023, is expected to nearly double the plant’s capacity to 9.3 million tires a year. After considering our plans to increase exports to North America and potential U.S. anti-dumping duties, we came to the conclusion that increasing the capacity of the Vietnamese plant would be the best solution, a Kumho executive said.
HCMC-Moc Bai expressway construction to begin in 2023
By Nguyen Quy April 8, 2021 | 11:00 am GMT+7
Cars on an expressway in southern Vietnam. Photo by VnExpress/Ngoc Diep.
Construction of the VND13.6 trillion ($587 million) HCMC- Moc Bai expressway is set to begin in 2023 and be completed in 2025.
Authorities in HCMC and Tay Ninh Province, where the Moc Bai Border Gate with Cambodia is located, are trying to complete procedures and the feasibility study this year. Compensation payments for land acquisition are expected to be completed next year so that the long-delayed project can begin construction in 2023.
The 53km expressway would run from Ring Road No.3 in the outlying district of Hoc Mon in HCMC to National Highway 22 at Moc Bai Border Gate Economic Zone in the southern province of Tay Ninh.
Tuesday, April 06, 2021, 17:14 GMT+7
Nguyen Gia Hung carries Nguyen Gia Lam on his back, a sight that has become familiar to their neighbors in Ho Chi Minh City. Photo: Duyen Phan / Tuoi Tre
To their neighbors in Ho Chi Minh City, the sight of Gia Hung carrying his twin sibling Gia Lam on his back to school has become familiar over the last several years.
Nguyen Gia Hung and Nguyen Gia Lam are twins and 8th-grade students in District 10.
While Hung was born normal and healthy, Lam suffered from Tetralogy of Fallot, which is a birth defect that affects normal blood flow through the heart.
Tuesday, 19:37, 06/04/2021
VOV.VN - As many as 11 people entering Vietnam were confirmed positive for the SARS-CoV-2-virus, raising the national tally of coronavirus infections to 2,648, the Ministry of Health reported on April 6.
Among the newly detected cases, there was an Indian expert and the remaining cases are all Vietnamese citizens, who entered the nation via Moc Bai international border gate in the southern province of Tay Ninh, and returned from the Philippines and Japan.
They are now being put into isolation to undergo COVID-19 treatment at local hospitals after they were confirmed to carry the virus.
Following the latest discovery, the overall number of imported cases rose to 1,045. The same day an additional six patients were released from hospital after making a full recovery from the virus, boosting total recoveries to 2,422 nationwide.
Jinyu Tire starts truck tire production at Vietnam plant
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TAY NINH, Vietnam Jinyu Tire Group Co. Ltd. has commissioned production at its truck/bus radial factory in Vietnam, nine months after breaking ground on the project.
Jinyu broke ground in June 2020 on the Jinyu Tire Group Vietnam venture the Dongying, China-based company s first plant outside of China in Vietnam s Tay Ninh Province. The successful implementation of the Jinyu Vietnam Project will optimize the global supply chain of Jinyu Tire Group, lay a solid foundation for the Group s globalization strategy and alleviate the current situation of tight production capacity (in China), the company said then.