Ground broken on candy factory in Nghe An
VGP - The Hai Chau 2 candy factory was ground-broken on October 21 in the Dong Hoi Industrial Zone, the central province of Nghe An.
It is expected to earn annual revenue of VND1.7 trillion (US$74 million).
Speaking at the ceremony, Chairman of the provincial People’s Committee Nguyen Xuan Duong vowed to facilitate the operation of the factory, which is regarded as its company’s key project in the north central region.
According to the Business Monitor International (BMI), the nation’s confectionery sector has experienced a relatively high and stable growth rate and is forecast to earn VND 40 trillion (US$1.8 billion) in revenues next year.
By Vien Nhu