Toray to expand further in Vietnam!

by Apparel Resources News-Desk

11-September-2019  |  1 min read

Thai Binh Economic Zone
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Toray International, the Japan-based firm known for its fibres and textiles, is keen to invest in Thai Binh province after conducting careful surveys.

This was confirmed by Kenichiro Miki, President, Toray International during his meeting with delegates from Thai Binh province in Tokyo yesterday (10 September).

After being Vietnam for over 2 years now, the company sees this as a part of its strategy to expand in the country.

Kenichiro also said that the company will be soon sending a team to Vietnam in order to discuss further with the province leaders.

Expressing happiness over the decision, Ngo Dong Hai, Vice Secretary, Thai Binh Party Committee, who was there at the meeting, said that the province will offer optimal conditions for Japanese investors especially for firms like Toray that owns advanced technology.

Hai also highlighted the benefits of investing in Thai Binh in addition to explaining future development plans – which also includes setting up of Thai Binh Economic Zone.

Toray International today has 10 factories and partners in Vietnam.

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