VIETNAM: Bridgestone Vietnam pumps more capital into tyre production

According to the Hai Phong IP Management Board, the plant was licensed early last year with a production capacity of 24,700 tyres per day in the first phase. It is expected to expand production capacity to reach 49,000 tyres per day by the end of 2017.

The plant will serve as an export base for general-purpose tyres sold in Europe, North America and Japan.

Source: bizhub.vn, Hanoi; 18 Nov 2013(Syed Rashid Ali, Karachi, Pakistan)