Steel giant Hoa Phat Group will begin construction of its first container plant in the southern province of Ba Ria–Vung Tau this June. -
Provincial authorities have granted a business certificate for the Hoa Phat Container Production Jsc with a charter capital of VND3 trillion ($130 million), the company said in a statement.
The group’s decision to start making containers was taken amid a global shortage of the metal boxes after the Covid-19 pandemic disrupted global supply chains.
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