Hoa Phat group to start first container plant construction

13/04/2021 17:54 5

Hoa Phat group to start first container plant construction


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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