Saturday, January 5, 2008

VTA – relocation of ceramic brick production plant

VTA – relocation of ceramic brick production plant

Source: vse.org.vn




Vitaly Joint Stock Company (VITALY) has informed of relocating its ceramic brick production plant at Tan Binh as follows:

The project is to relocate production line of ceramic brick with capacity of 2 million m2/year in Vitaly Tan Binh factory to Vitaly Binh Duong factory at Binh Chuan Industrial Zone, Thuan An Dist., Binh Duong Province.

Total cost: VND85.5 billion

Implementation time: from December 2007 to May 2008 for relocation and from the beginning of June 2008 for putting into operation.

Purpose of relocation: focus on manufacture at Vitaly Binh Duong in order to save cost, strengthen management and shorten time to implement project of Vitaly complex at 2/34 Phan Huy Ich, Ward 15, Tan Binh Dist. which is passed in the resolution of annual shareholders’ meeting 2006.

Finance source for investment: owner equity and other capitals

1 comment:

Anonymous said...

Hi, Edwim we use to import tile from Vitaly person dealing with us was Mr.Nhung, all at sudden she informed us about shifting of factory, and now we are not getting any reply from her side, whenever we tried to call at vitaly office the person who attends call cannot speak english.
Do you belong to Vitaly could you please tell us what going on there?