Vietnam TTF to Build US$30M Woodwork Plant in South Africa
Truong Thanh Furniture Corporation (TTF) will cooperate with South African partners to build a woodwork processing plant with total investment of US$30 million in Umshwathi city.
The firm will also pour investment into growing 10,000 hectares of material forests and setting up a 2,000-square meter woodwork product showroom in Kwazulu Natal province.
TTF, one of the leading furniture manufacturers in Vietnam with a total of eight factories in Ho Chi Minh City, Binh Duong, Dak Lak and Phu Yen, had revenues of more than VND1.9 trillion (US$100 million) in 2009. (Youth)
Vietnamese
