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Tool producer to build factory in Vietnam

Copyfrom:Global TimesPost Time:2018-10-12 09:22:17

Tool manufacturer Hangzhou Great Star Industrial Co announced on Wednesday night that it would set up a manufacturing base in Vietnam as part of the company's overseas push and to prepare for uncertainties amid rising trade friction. 

The company said it would invest $30 million in the new manufacturing facility in Vietnam, according to a filing with the Shenzhen Stock Exchange.

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